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: Cymeed who wrote (6781)	8/13/1998 1:31:00 PM
From: Benny Baga	Read Replies (1) \| Respond to of 8545

>>>ust simply change their software codes to allow direct link of banking cutomers with banks without CKFR? I think you need to go back and read some of the past posts on this thread. In today's web based banking, consumers log directly on to a banks web site, pay their bills at the bank web site, everything is done at the bank web site. CF is behind the bank processing the Bill payment transactions. If what you are asking is the barriers to entry in this new market, there are many. Mostly being level of quality of service and the percentage of electronic transactions compared to non electronic. CF is currently over 50%, and soon to be 85% with the Visa Deal (CF has 1,149 billers hooked up electronically). >>>Does CKFR's patent cover this issue ? CF has a patent that deals with how third party bill payment processors can process transactions. IMO CheckFree has done a good job in dealing with old and new patent issues, and will continue to do so. Hope this helps, Benny