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Technology Stocks : CheckFree (CKFR)

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To: R.Gluck who wrote (7649)9/21/1998 7:19:00 PM
From: TLindt  Read Replies (2) of 8545
 
Key turns to the Net to enlarge customer base

amcity.com

Customers can pay bills over the Internet using Key's service, and Swanick said the bank is testing a feature that would allow them to receive bills online. Key is one of an original group of four banks that has been working on so-called bill presentment capabilities with MSFDC, a joint venture between Microsoft Corp. and First Data Corp.

Yea...and once your customers figure out Citi is doing the Land Bill Processing...why pay KEY...Citi will give it to them for free if they are a Citi Customer? Where's my head in the ass picture when you need it?

Because what I am really talking about is who owns the ATM? Who charges WHO to do what. I guess KEY doesn't have an internet ATM network of their own...so they'll use Citi's. Personally if I had a few Million in Integrion, and up to 20% of CKFR...I'd use my own invested in network. But who said Banks were smart, didn't come out of Michigan? Just a case of trying to have your CAKE and EAT it TOO!......signed a deal with the devil ya did...IMO.

The only accurate thing is this...Key is one of an original group of four banks that has been working on so-called bill presentment capabilities with MSFDC...otherwise crap-ola.
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