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


To: Benny Baga who wrote (4662)5/28/1998 6:26:00 PM
From: TLindt  Respond to of 8545
 
>>>Benny (the more you know the better off you are).

And are not Travelers and Citi gett'in married?

Who is spearheading Intuit's Push to Sell Insurance On Line? Travelers?

You are going to be able to make the payment On Line for the Insurance....won't be via Citi?

You think maybe since Travelers has been working with Intuit for Months and Months......they might be able to...if they talk to Citi tell them a thing of two....

I'm watching that basket case too.



To: Benny Baga who wrote (4662)5/28/1998 6:29:00 PM
From: Brooks Jackson  Read Replies (1) | Respond to of 8545
 
Benny: Good intelligence. Thanks.

I see they are promising internet access by July.

They also support Quicken, so CKFR is getting at least some of their business, probably. (Citi customers who bank via Quicken have their bills paid by CKFR, not Citi's in-house system.)

Also of note: BB is claiming their billpay service is free to customers, while other Boston banks charge $3.50 after an initial three-month period of free service. I wonder if Citi gave BB a better deal than CKFR was offering, allowing them to undercut their competition? Any outside income at all would be gravy for Citi, helping cut down their losses on their own inefficient billpay service.

Very interesting development.



To: Benny Baga who wrote (4662)5/28/1998 6:45:00 PM
From: TLindt  Read Replies (1) | Respond to of 8545
 
Yep it was Travelers.....

'Travelers Property Casualty, through Travelers Indemnity and its affiliates, is the first carrier to introduce auto coverage through the Quicken InsureMarket service. Electric Insurance Company and InsureDirect have also announced plans to begin offering auto insurance on the site later this year.

In order to offer its auto insurance services, the Quicken InsureMarket service interacts with an insurer's database to produce an individualized rate quote in real-time; verifies driving records with states while a transaction is being processed online; facilitates online payment; provides immediate notification to approved consumers (when the conditions set by each insurer are met); and enables coverage to commence as soon as after midnight of the following business day.

Quicken InsureMarket is the leading insurance site on the Internet, with participation from major, national insurance carriers, and the ability to offer real-time rate quotes and online payment options, which can speed the process of buying insurance. The full-service site also features a library of educational material so consumers can learn more about insurance, as well as interactive insurance planning tools and information from independent insurance experts.'


e-commerce is going to make for some strange bed-fellows..