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Technology Stocks : CheckFree (CKFR) -- Ignore unavailable to you. Want to Upgrade?


To: TLindt who wrote (1269)1/20/1998 4:10:00 PM
From: pat mudge  Read Replies (1) | Respond to of 8545
 
Huntington Bank. . .

Chalking 'em up???

<<<
Agreement For Home Banking and Bill Payment

ATLANTA, Jan. 20 /PRNewswire/ -- CheckFree (Nasdaq: CKFR), the nation's leading provider of electronic home banking and bill payment processing, today announced a three-year agreement with The Huntington National Bank, to provide home banking and bill payment processing for the bank's customers.

Beginning the first quarter of 1998, The Huntington will use CheckFree's home banking and bill payment processing engine for Huntington's online banking customers that bank from home using Quicken or Money. The Huntington will also offer its small business customers the ease and flexibility of electronic banking and bill payment through Quickbooks software. "This nicely augments our existing Internet banking service, Huntington Web Bank," said Chet Thompson, senior vice president and manager of Electronic
Commerce at The Huntington National Bank. "It extends our online options to reach the businesses and consumers who prefer a banking solution through Quicken, Quickbooks and Money software."
"The rapid growth of electronic commerce is clearly being driven by
industry leaders like The Huntington," said Peter J. Kight, chairman and CEO of CheckFree Corporation. "It's their commitment to providing the best in customer convenience and service that is making the move to online financial management a valuable choice for customers."

Based in Columbus, Ohio, The Huntington is one of the largest financial institutions in total assets in the country, with retail banking offices in Ohio, Florida, Indiana, Kentucky, Michigan and West Virginia. To date, CheckFree has contracts for home banking and bill payment transaction processing for 284 financial institutions, including 23 of the top 25 and 35 of the top 50 banks in the country. These institutions represent more than 2 million online banking subscribers. CheckFree currently processes more than 7 million transactions per month.

About The Huntington National Bank
With over 131 years of serving the financial needs of its customers,
Huntington Bancshares Incorporated (www.huntington.com) is a regional bank holding company headquartered in Columbus, Ohio, with assets in excess of $25 billion. The Huntington provides innovative products and services through its 531 offices in Ohio, Florida, Georgia, Indiana, Kentucky, Maryland, Michigan,
New Jersey, North Carolina, Pennsylvania, South Carolina, Virginia and West Virginia.



To: TLindt who wrote (1269)1/20/1998 8:29:00 PM
From: chirodoc  Respond to of 8545
 
<<<<<.I don't care if Asia reverts back to the Stone Age....

..actually the worse it gets over there the more likely that u.s. banks will buy up their weaker asian competition for pennies on the dollar. do you know what that means? it means that the yanks will bring ecommerce and ebanking to asia faster than we had imagined.

......so, just for fun, bought a bit of citicorp when it dropped last week. the stock will be weak for a while but they will buy a bunch of weak banks and in 1-2 years will be rich, indeed.

<<<<<< To date, CheckFree has contracts for home banking and bill payment transaction processing for 284 financial institutions, including 23 of the top 25 and 35 of the top 50 banks in the country

.........and in 2 years they will be in asia......as you say: heh heh