Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : CheckFree Holdings Corp. (CKFR), the next Dell, Intel? -- Ignore unavailable to you. Want to Upgrade?

To: Secret_Agent_Man who wrote (7348)	6/29/1999 1:03:00 AM
From: Erik T	Read Replies (2) \| Respond to of 20297

Uh, oh! People are getting bullish again. BankAmerica Says It's Growing Its Own Electronic Bill System April 16, 1999 American Banker: BankAmerica Corp. is relying on the depth of its customer base and internal processing capabilities to embolden its electronic bill payment and presentment strategy. The banking company announced an offering Wednesday that aims to let its two million corporate customers deliver bills via the Internet to Bank of America's 30 million retail customers. It builds on a system already in place that processes two million payments a month. Bank of America is unusual in its reliance on internal capabilities, rather than on external processors such as Checkfree Holdings Corp., in the quickly evolving electronic billing market. www4.techstocks.com Now I do remember a relatively recent post by someone who supposedly was recently on a flight with a BAC executive who allegedly stated that BAC would be crazy to try and recreate in-house what CKFR has already done. However, I do not remember the poster, or a sense of how reliable the poster was. This would be very welcome news, though I do not see any conflict between Yahoo! offering EBPP on its own and BAC offering its own banking services through the Yahoo! interface. Yahoo! would derive revenues either way. Erik (IMHO)