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

To: TLindt who wrote (1551)	2/6/1998 11:16:00 AM
From: pat mudge	Respond to of 8545

NationsBanc Montgomery Securities LLC has also elected to utilize IBS' Electronic Billing Solution, which will enable NMS to offer clients alternatives in how they receive and view their account statements. Using the Electronic Billing Solution, NationsBanc can deliver statements to its clients via their own Web site or through statement consolidators such as MSFDC, CheckFree, Intuit and others. TL -- It's a relief to know CheckFree is there --- or possibly there, in this case --- in the background. They clearly have what everyone needs for e-billing. I'm wondering if CheckFree will become the US Post Office of the billing world? No one would want to drive to ten or twelve different locations to pick up mail and the same is true of the Internet. One-stop bill service. One day our kids will be telling their kids how grandpa and grandma used to write out all these paper checks, put them in envelopes, lick stamps, and take them to the post office ---- just to pay bills. They'll look up with astonishment and go, "No way!! Get outta here!" Later -- Pat

To: TLindt who wrote (1551)	2/6/1998 11:43:00 AM
From: TLindt	Read Replies (1) \| Respond to of 8545

A Model? Why information on IBS....Because....it answers one ton of questions I have had in my mind...on the flow....of the coin. 'IBS will use its internally-developed software to convert a variety of legacy statement data streams into complete, interactive web-based statements. Through CheckFree's new E-Bill service, consumers will be able to visit a single financial institution Web site to both receive and pay bills electronically on their personal computers.' biz.yahoo.com Then there are 2 ways IBS is going to take payment...after digital presentation. 'Customers can then securely pay their bills with the touch of a button, using payment services provided by CyberCash, an IBS electronic billing partner. CyberCash's payment suite includes PayNow Secure Electronic Check and Credit Card Services. PayNow securely processes consumers' checking account information in a highly encrypted format and allows consumers to write electronic checks. Checks written with PayNow will appear on consumers' monthly checking account statements in the same way as debit card transactions. Billers may also choose to deliver customer statements through electronic bill consolidation services announced by several leading consumer software and financial services companies, including MSFDC, CheckFree, Intuit and others. Such consolidation services seek to assemble several of a consumer's electronic statements in a single location, so the consumer need access only a single Web site to view and pay multiple bills.' biz.yahoo.com ............................................................... The first paragraph...explains Checkfrees, preference to consolidate at financial institutions. CyberCash's position in this thing relates to a payment being made from the billers site....possibly...if they are not using a consolidator. ie. if the customer elects to pay at the web site of the Biller? And the biller does not have a contracted payment service of their own? [A checkfree or an MSFDC] Then you have your consolidators; Principle players. 1) Checkfree on site at financial institution? 2) MSFDC off Site? 3) Intuit off Site? I'm sure this is just the way IBS is running their show, and I haven't answered all my questions on that one either. Other Billers AEP/checkfree, ?????/msfdc....I'm sure will all doing this very similar, or slightly different. Toss a Coin. All I know for sure is 3 names keep appearing in the press on this, and one of those you can't invest in. ............................................................... And moreover it seems to be a consumer preference issue, as to who gets the bulk of e-Bill/e-Pay business. For the guy & gal who don't use a Quicken or MSmoney...looks like you may have a choice; 1) Go to every one of your different billers websites. View and Pay the Bills.[NOW] That would be great if you only had one bill. 2) Go to your Bank, where your bills are all consolidated for you to review and pay. via a Checkfree[NOW] or MSFDC[TESTING]. or 3) If you use multiple Banks, or use the Quicken or Money product to track your finances. You might be inclined to have your billing viewable directly from your Financial Software Program. Which basically means Intuit[TESTING] or MicroSoft.[FUTURE?] There may be many more options, but I can't think of them. Now I personally would choose option #3, it fits for me. But I think most people would choose option #2. Anybody want to jump in on this feel free. Again I'm just thinking out loud.