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

To: StocksMan who wrote (20057)	5/5/2003 9:16:32 AM
From: StocksMan	Read Replies (1) \| Respond to of 20297

ABN AMRO Announces Rollout of Web ACH Services Through CheckFree's PEP+ Exchange Monday May 5, 9:01 am ET PEP+ Exchange Will Enable ABN AMRO to Provide Corporate Customers With 24x7 Direct Internet Access to a Suite of ACH Information and Self-Service Capabilities ATLANTA and CHICAGO, May 5 /PRNewswire-FirstCall/ -- CheckFree Corporation (Nasdaq: CKFR - News) and ABN AMRO today announced a partnership which will allow ABN AMRO to deliver Web Automated Clearing House (ACH) services to the bank's corporate cash management clients using CheckFree's next-generation PEP+ Exchange platform. ABN AMRO is the sixteenth largest originator of ACH transactions, according to the new NACHA Top 50 List for 2002 published in American Banker April 28, 2003. For over a decade, ABN AMRO has utilized CheckFree's PEP+ ACH software, and the financial services company has recently purchased the PEP+ Exchange Internet module and upgraded to CheckFree's latest system, PEP+ Platinum. PEP+ Platinum will provide ABN AMRO with greatly increased ACH volume, operational efficiency and enhanced user functionality for the bank's customers. PEP+ Exchange, named ACH Control by ABN AMRO, will now enable the bank to provide its corporate customers with direct Internet access to a complete suite of ACH information and new self-service capabilities. With 24x7 online access to the bank's cash management system, ABN AMRO's corporate customers will have access to ACH information to view transaction detail, generate and receive control total information, and monitor file status via the web. Customers will also be able to schedule their respective ACH processing calendars via the bank's Web interface. PEP+ Exchange will enhance efficiency in the bank's ACH operations due to customer self-service for control totals, warehouse inquiries, file monitoring and calendars. The bank and its customers will also gain significant risk savings through Electronic Payment Authorization, which provides a means for customers to specifically authorize which transactions to post to their account. . . biz.yahoo.com