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

To: BitWizrd who wrote (5788)	7/9/1998 11:55:00 AM
From: AugustWest	Read Replies (3) \| Respond to of 8545

Bit have you seen this? it sure appears they are up and running. Benny, no mention of CKFR, but I get these things buzzing around my head... Could just be flys, but I bathed this morning.... Ah, with out any further ado....... New Mellon On-Line Site Turns PCs Into Bank Offices; Internet-Based Banking Services Extend MellonDirect 24(SM) Package July 8, 1998 -------------------------------------------------------------------------------- PITTSBURGH, July 7 /PRNewswire/ via NewsEdge Corporation -- Mellon Bank Corporation (NYSE: MEL) announced today that it is expanding its comprehensive package of MellonDirect 24(SM) electronic products and services with the introduction of Bank-by-Web and Web Bill-Paying. The Internet-based services give customers the capability to turn their personal computer into a Mellon retail office, giving them the ability to access and manage their Mellon checking, savings, certificates of deposit and credit card accounts. Bank-by-Web can be accessed at www.bank-by-web.mellon.com on the Internet and is available at no charge to all Mellon customers with a banking card. "As our customers continue to migrate toward the convenience of doing business with us electronically, increasingly they are looking for on-line banking choices," said Paul S. Beideman, executive vice president, Mellon Retail Financial Services. "Customers with Internet access can now use our broad array of banking services 24 hours a day. With their personal identification number (PIN) and the protection of our system's state-of-the-art encryption technology, customers are assured of complete security and privacy. " There are no applications or sign-up procedures required to take advantage of Bank-by-Web. All customers need is a Mellon Banking Card, a personal computer with Internet access and Netscape(R) Navigator or Microsoft(R) Internet Explorer versions 3.02 or higher capable of interpreting 128-bit encryption. Bank-by-Web can be used to check account balances, review account activity, transfer funds between qualified Mellon accounts and review current or previous on-line activity. Web Bill-Paying allows customers to pay their bills without writing checks, schedule future payments (up to 30 days in advance) and cancel payments. "With these new on-line services, our customers have even more convenient access to their Mellon accounts for day-to-day banking needs," Beideman said. "Our on-line services are an outstanding complement to Mellon PC Banking, which uses Quicken(R) or Microsoft(R) Money to provide financial planning services to assist in analyzing spending, tracking tax-related information and making financial projections." One of the innovative electronic packages that Mellon offers is the MellonDirect 24 Account, which offers unlimited electronic banking 24 hours a day for a small monthly fee. Along with free Web Bill-Paying, the MellonDirect 24 Account includes a Personal Checking Account with no minimum balance requirement; no fee for using any of Mellon's nearly 750 ATMs; free Telephone Bill-Paying; free PC Banking; and free MellonDirect 24 Bank-by-Phone services. A broad-based financial services company with a bank at its core, Mellon Bank Corporation ranks among the nation's largest bank holding companies in market capitalization. With approximately $330 billion of assets under management and nearly $1.7 trillion of assets under administration, Mellon provides a full range of banking, investment and trust products and services to individuals and small, midsize and large businesses and institutions. Its mutual fund companies, The Dreyfus Corporation and Founders Asset Management, place Mellon as the leading bank manager of mutual funds. Headquartered in Pittsburgh, Mellon's principal subsidiary is Mellon Bank, N.A. Press releases and other information about Mellon Bank Corporation and its products and services are available at www.mellon.com on the Internet. For Mellon press releases by fax, call 800-758-5804, identification number 552187. SOURCE Mellon Bank Corporation /CONTACT: Ron Gruendl of Mellon Bank, 412-234-7157, or gruendl.rr@mellon.com/ /Company News On-Call: prnewswire.com or fax, 800-758-5804, ext. 552187/ /Web site: bank-by-web.mellon.com /Web site: mellon.com (MEL) [Copyright 1998, PR Newswire]