Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: AugustWest who wrote (4109)	5/15/1998 12:24:00 PM
From: Benny Baga	Read Replies (2) \| Respond to of 8545

I think we should start a new tradition on this thread. I think we should pick a monthly topic, like ACH, just to see what we can dig up. Of course we can always talk about anything but for example: Theme of the Month: May: ACH June: Recon-Plus July: E-Bill Aug: Brokerage Sept: Who's going to the shareholders conf? I feel I know so much about bill payment/presentment, but CheckFree does have some other stuff in the works that is worth talking about. Pete mentioned (2 conference calls ago) a an ACH Revolution, does anyone have an Idea what he was talking about? I have some ideas like maybe an outsourcing revolution or a rapid increase of transactions(but I'm not sure why). Here are some interesting ACH Links: Electronic Funds Transfer, HOW DOES IT WORK? teleport.com Electronic Payments Fees Plummet Again: stls.frb.org Bill Payment Council: nacha.org The Electronic Revolution: nyach.org PEP+ info: towergroup.com And last this quote from the Harris ACH outsourcing agreement: ""We're in the payment processing business and have a great lead in bill payment processing," Busing said. "The other large area of electronic payments is ACH. There's 6 billion of those payments a year, and NACHA estimates 8 billion by the year 2000. So we would very much like to also process those payments for the banks we now have a relationship with in bill payment. We'd like to prove that we could process their ACH payments just as effectively." ...How much does CheckFree get for every ACH transaction? ...When does the revolution begin? ...What banks are the leaders in ACH transactions? Benny(Sorry for the information overload on a Friday)