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Technology Stocks : CheckFree Holdings Corp. (CKFR), the next Dell, Intel? -- Ignore unavailable to you. Want to Upgrade?

To: Brooks Jackson who wrote (5346)	5/6/1999 1:30:00 PM
From: TLindt	Read Replies (1) \| Respond to of 20297

RE: <<a press release mill>> HA! They should be more concerned about completing their Job of re-writing or killing all the bullsh@t they chucked in the press for the last 2 1/2 years. They musta had the Brothers Grimm writing up their stuff. Microsoft and First Data Form New Company to Enable Consumers To Receive and Pay Bills Over the Internet Advisory Board to Counsel Venture on Market Needs, Regulatory Issues, Best Practices For Innovative Products and Services Englewood, CO -- June 26, 1998 -- Advancing electronic commerce over the Internet, Microsoft Corp. and First Data Corp. today launched TransPoint, a joint-venture company that in early 1998 is scheduled to introduce a service that will enable companies to use the Internet to send bills to, and receive payments from, consumers. Financial terms of the agreement were not disclosed. transpoint.com July 1, 1997 New Microsoft joint venture set to pay the bills—electronically New company to market first end-to-end solution for presenting and paying bills across the Internet Denver, CO.—The check is about to be in the e-mail. Last week, Microsoft® announced that it will join First Data Corp. to create MSFDC, *a company that will be the first* to provide a secure, end-to-end solution for presenting and paying bills across the Internet. The announcement comes as more people are banking and paying bills online, and positions Microsoft to play a leading role in this emerging market. "MSFDC is an important part of Microsoft's strategy to further electronic commerce on the Internet," said Bill Gates, chairman and CEO of Microsoft. Microsoft and First Data will be equal partners in the new Denver-based company. The announcement also is a natural extension with Microsoft's Internet commerce product strategy.The company already offers Microsoft BackOffice®, an integrated application suite for business that includes the Windows NT® Server network operating system. And BackOffice also features Microsoft Site Server, Enterprise Edition, an integrated environment for creating, deploying and managing commerce-enabled Web sites. "It doesn't matter if you're selling wing tips or wing nuts-Site Server, Enterprise Edition lets you easily create an online presence and manage your commercial transactions," said Gytis Barzdukas, Internet commerce marketing product manager at Microsoft. And whether it's customers, billers or financial institutions, MSFDC will make sure that the accounts get settled up properly. Consumers will have many ways to retrieve and pay bills using MSFDC services, including Web browsers, e-mail program, personal-finance managers (e.g., Microsoft Money), Internet-ready television, Internet "push" technologies and Web-enabled screen phones. No more paper, envelopes, stamps or checks. For billers, the integrated MSFDC service will reduce transaction-processing overhead. It will also provide a channel for delivering targeted marketing messages and strengthening customer relationships. Billers can control the appearance of their electronic bills, adding everything from advertisements to electronic coupons. Banks and other financial institutions can integrate MSFDC's services into their branded home-banking services-including those running on legacy systems. Thus they can provide new services to their customers at a cost far lower than building a solution from scratch, while maintaining the online look-and-feel with which their customers are familiar. Field trials of the MSFDC service will begin this summer, with an official rollout slated for early next year.** And the company is likely to find an eager market. According to the research firm Jupiter Communications, 4.5 million households will bank online by the year's end, and more than 13 million by the year 2000. And the On-line Banking Report projects that the percentage of these households paying their bills electronically will rise from 33 to 60 percent over the same time period. "This is a wonderful opportunity for First Data to bring an important new service to our financial-institution clients as well as to the billers we serve in our payment-instruments businesses," said Ric Duques, chairman and CEO of First Data. And something every bill-paying person would be happy to bank on. asia.microsoft.com 910 articles left to kill guys... northernlight.com