Benny, while this whole new twist has shown positive to the stock price, something has been bothering me since it was announced. Maybe you can set my mind at easy?
After the deal is complete, msft/fdc/Citi will own 23% of ckfr. We all know the anamosity banks have towards MS as well as Citi having access to client sensitive information. IMO, this muddies the waters, and may in fact(one way I see it) make banks more apprehensive about signing with ckfr. Is this just unwarranted thoughts on my part?
The only alternatives they will now have it to either go it themselves(something smaller banks can't afford to do), or form alliances with Spectrum, which will still cause some anamosity to smaller banks.
Back to the question brought up here earlier,(paraphrased) "this brings three of the four major players together" Tom and Charlie questioned the fourth, and suggested it is Intuit. I thought about that for a while, and while I'm not real keen on this stuff, I disagree. I think the fourth they were referring to is Spectrum(albiet, hardly a competitor right now, and doubtfully ever will).
It's gotta be Spectrum. Can'y be paymybills, or any of the other thrid fourth, etc tier start ups, right.
I can see in some ways how this will speed up EBPP adoption, but could it also damper it somewhat as msft still has their fingers in there also?
If this just seems like mere rantings, just ignore, I been awake since since midnight with a couple sick kids and wif. |
