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

To: TLindt who wrote (4707)	5/29/1998 1:11:00 PM
From: Benny Baga	Respond to of 8545

We all know BoA does their own In-house(CA state) Bill Pay. With the Merger of Nations and the new headquarters on the east coast, I'm watching with crossed fingers, to see what happens. Nations has been a faithful user of CheckFree for years (and Nations has 4 online users for every 1 of BoA). Under the new corporate structure, it won't make any sense to process CA bills in house and the rest of the country through a third party, especially now that they are a true Nations Bank. So they will have to make a decision to either do it all in-house or all outsourced. Pro's for outsourcing: 1. Both Banks have experience with CF (hopefully good experience) 2. Low cost of implementation. The cost for BoA to implement a In-house nationwide bill pay, would be extremely high. 3. Be able to provide Bill Presentment more effectively and timely. 4. Be able to concentrate on other services. 5. The Visa deal. 6. Investment in Integrion. Con's for outsourcing: 1. Control. 2. May have better economies of scale with the two banks together. 3. Have already made an investment in Bill Pay (would hate to throw it away....maybe they could sell it to MSFDC). Benny(IMHO)