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Technology Stocks : CheckFree (CKFR)

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To: Mr. Mo who wrote (7746)9/28/1998 8:02:00 PM
From: Benny Baga   of 8545
 
Found this:

onlinereporter.com

** TransPoint's Banc One Deal Dicey

Integrion Financial Networks LLC, the IBM-banks-Visa USA-owned organization, says that its Interactive Financial Services (IFS) transaction processing platform should be able to connect to CheckFree's processing engine in Q4 and accept CheckFree e-bills. As for connecting to TransPoint, Integrion hopes that will happen sometime early next year. Integrion says connecting to TransPoint is part of its current discussions with TransPoint. Integrion's got no choice because its member banks have made it clear that if IFS has to be a viable platform and aggregate bills, it's got to accept e-bills from multiple publishers including TransPoint. As for TransPoint, it's got no choice either but to work with Integrion if it wants to present its bills through banks using Integrion's IFS platform.


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