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Technology Stocks : CheckFree Holdings Corp. (CKFR), the next Dell, Intel?

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To: Benny Baga who wrote (575)12/9/1998 9:55:00 PM
From: TLindt  Read Replies (1) of 20297
 
On the bill presentment side, Chase is helping billers deliver bills through a consolidator, the biller's own Web site or "push" technology (e-mail). Chase has been conducting internal pilots of CheckFree's E-Bill service.

The bank also said it plans to use TransPoint's E-Bills service but, at presstime, declined to provide further details. Denver-based TransPoint is owned by Microsoft, First Data Corp. and Citibank.


What my 2x4 just said about that....

He asked me a simple question...."Tom how many consolidators are there? Who did they say they plan to use?

Working with a consolidator, and conducting pilots with CheckFree. They are working with CheckFree.

To Plan to use Transpoint...is to like plan a vacation. You aren't there until you are there. What it means to me is they are doing exactly what they should be doing, Chase that is....Making money on this. They want to be paid a fee or a royalty from the biller, they are after 100's...to be the portal, to provide a service gateway through all distribution channels. (watch EDFY here, as that is the software platform Chase is using, and they just signed with TransPoin this week...and they are first to market with a OFX e-bill solution)

Mark these Benny...If what you posted before about CitiGroup going with TransPoint was true, because it would take the 4 years to create it on their own....BELIEVE me Chase isn't going to start with nothing and do this all in 4 months.....read it all again. What they are doing is being the Value Added Re-Sellers of Services...whether it be 1 to 1 presentment, an un-named consolidator....yet they are in pilot with CKFR, or e-Mail.

I think if you read that slowly...and think about the current state of the market that is a positive for CKFR...not a negative. Chase pushing 100 biller clients is great. For them and us.

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