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Technology Stocks : SFNB, Security First Net. Bank

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To: Andrew Williams who wrote (143)5/1/1997 1:32:00 PM
From: Brian K Crawford   of 507
 
Andrew, here is a link to an announcement of a software provider to banks that is rolling out the S-1 internet banking solution to its 800 bank client base.

biz.yahoo.com

Another adopter of the S-1 solution is Summit Information Systems, a data processing solutions provider to some 300 credit unions. Summit is owned by FISERV, and it is my bet that FISERV will roll out the S-1 system to the remainder of its 3000+ bank, s+l, and credit union clients in the next few months.

Whether S-1 will ever be a big money maker for SFNB or not, I can't say....but it has a big lead in the web banking solution market at this point.

BTW, Checkfree is the standard billpay option supported by S-1, at this time. They have a cross marketing agreement in place. There is a CKFR folder under this same Misc section on SI.

Good Luck,

Brian
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