SI
SI
discoversearch

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 (CKFR) -- Ignore unavailable to you. Want to Upgrade?

To: TLindt who wrote (3933)5/6/1998 2:01:00 PM
From: Charlie Smith  Read Replies (2) | Respond to of 8545
 
T:

<<And I came to the conclusion that over 1 in 50 new CheckFree Accounts are coming from that Bank on a Hard Drive with no Branch overhead? Growing at 18% a month while the rest of the Financial Industry Crawls along at 5% and 12% a Quarter.>>

If this ratio is accurate, it reflects a rapid systemic change going on in banking. By failing to quickly adopt electronic delivery, banks lose market share and risk going OUT OF BUSINESS. Tomorrow's big customers rarely see the insides of branches today. CKFR needs to better tell their bank customers this story.

Charlie



To: TLindt who wrote (3933)5/6/1998 2:02:00 PM
From: Benny Baga  Respond to of 8545
 
OT: NetBank

The funny thing is that the industry still doesn't get it. Look at
First Tennessee National Bank. In their press release they claim to be "the first Java-enabled suite of Internet banking". Who cares about Java, I want good rates! Since First Tenn is owned by a large 'OLD-Fashioned' Bank, I don't think we'll be seeing good rates, or the 'No Bricks and Mortar' comments from them.

Benny(IMO)


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News