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

To: R.Gluck who wrote (8099)	10/18/1998 10:48:00 AM
From: AugustWest	Respond to of 8545

I don't know , I must still be barking up the wrong tree: Sean Feeney, president of CheckFree Software, added, "CheckFree is in the payment processing business and ACH is one of our core competencies, so we will offer FCT distinct competitive and financial advantages. This strategic alliance will enable FCT to expand its ACH processing capacity without investing in expensive hardware upgrades. Processing capacity for FCT customers will now be virtually unlimited." fctinc.com It's dated 5/15/98, and believe it was posted here at the time. And I know I've posted this before... There are 6 billion ACH payments made each year, and NACHA estimates that 8 billion will be made in the year 2000. Currently, more than two-thirds of all ACH transactions are processed through CheckFree's ACH Alliance Processing platform or PEP+application software. The ACH alliance option creates an opportunity for financial institutions to move ACH transaction processing from their own system to CheckFree.