To: Glenn who wrote (761 ) 11/22/1997 1:46:00 AM From: chirodoc Read Replies (1) | Respond to of 8545
...they continue to do deals--don't get off this train yet! CheckFree and HomeSide Lending Sign Agreement For Electronic Billing and Presentment HomeSide Lending Customers Can Receive and Pay Bills With the Click of a Mouse Atlanta, Nov. 17 /PRNewswire/ -- CheckFree Corporation (Nasdaq: CKFR - news), the nation's leading provider of financial electronic transaction processing and HomeSide Lending today announced an agreement whereby HomeSide Lending customers can visit a central Web site to both receive and pay bills electronically on their personal computers. HomeSide Lending is the nation's fourth largest mortgage originator and seventh largest servicer of home loans, serving more than 1.2 million homeowners in the U.S. Beginning the first quarter of 1998, HomeSide Lending customers will be able to both receive and pay bills electronically on their personal computers by visiting the HomeSide Web site or through financial institution sites offering CheckFree's integrated electronic billing and payment. The electronic bills will be presented in color, complete with graphics, logos and full billing detail, courtesy of CheckFree's E-Bill service, and will be paid with a click of the mouse. ''Paying bills just got easier and more convenient for HomeSide Lending customers,'' said Bill Glasgow, executive vice president of Loan Administration for HomeSide Lending. ''We think our customers who chose to use the E-Bill service will find it very efficient and easy to use.'' ''HomeSide Lending has always been on the cutting edge of customer service,'' said Peter J. Kight, President and CEO of CheckFree. ''Becoming one of the first companies to offer electronic bill presentment is another example of its leadership. HomeSide Lending is about to make bill payment a complete, non-paper, electronic round-trip for its customers that use the E-Bill service.'' HomeSide Lending is one of 20 companies to offer electronic bill presentment and payment to more than 100 million consumer and business customers. According to CheckFree, the single site architecture of the product is ideally designed for electronic bill presentment through financial institution Web sites. Other companies that are currently working with CheckFree to offer electronic bill presentment include Chase Manhattan Bank, BellSouth, International Billing Services, GPU Energy, Capstead Mortgage, the Small Business Administration, Consumers Energy, Florida Power & Light and Columbia Gas. A demo of the CheckFree E-Bill Web site is available at www.checkfree.com and for corporate sales information, call 1-800-532-9696. The HomeSide Lending Web site is available at www.homeloan.com. About HomeSide Lending HomeSide, Inc. (NYSE: HSL - news), through its operating subsidiary, HomeSide Lending, Inc., is one of the largest full service residential mortgage banking companies in the United States. Headquartered in Jacksonville, Florida, HomeSide originates or purchases home loans in all fifty states and has a servicing portfolio of approximately $96 billion representing over one million homeowners. In October, HomeSide Lending and National Australia Bank (NYSE: NAB - news), the largest bank in Australia announced that they had entered into a definitive agreement for National Australia Bank to acquire HomeSide, Inc. After the closing, HomeSide will be the first truly international mortgage company. About CheckFree Founded in 1981, CheckFree Corporation (www.checkfree.com) is the leading provider of electronic commerce services, software and related products for more than 2 million consumers, 1,000 businesses and 850 financial institutions. CheckFree designs, develops and markets services that enable its customers to make electronic payments and collections, automate paper- based recurring financial transactions and conduct secure transactions on the Internet.