CheckFree Corporation Chairman and CEO Pete Kight to Address Quarterly Meeting of Electronic Funds Transfer Association.Business Editors HERNDON, Va.--(BUSINESS WIRE)--June 9, 2000 Pete Kight, chief executive officer of CheckFree Corporation, will address the upcoming meeting of the Electronic Funds Transfer See EFT. (application, communications) electronic funds transfer - (EFT, EFTS, - system) Transfer of money initiated through electronic terminal, automated teller machine, computer, telephone, or magnetic tape. Association Board of Directors, the Association today announced. The meeting will be held June 14 at the Grandover Resort and Conference Center in Greensboro, N.C. CheckFree is a significant provider of financial electronic commerce services, processing15 million transactions per month including transactions on behalf of more than three million subscribers to its electronic billing Electronic billing is the electronic delivery and presentation of financial statements, bills, invoices, and related information sent by a company to its customers. Electronic billing is also referred to as the following:
Billers representing more than one-half billion bills per month are offering electronic bills to these subscribers from more than 150 Web sites, including banks, brokerages, credit unions, portals and via personal financial manager software, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the company. CheckFree recently announced that it is working with Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. to deliver the "Next Generation" of payments -- bank-based payments for person-to-person and Internet merchant payments. "CheckFree's success under Pete Kight's leadership is emblematic of the vitality and health of electronic payments industry," said H. Kurt Helwig, EFTA EFTA: see European Free Trade Association. executive director. "The industry appreciates his proven leadership, and we look forward to his comments." Mr. Kight is the 1992 recipient of Ernst & Young's Entrepreneur of the Year Service Award, and is a member of the Board of Directors of Metatec Corp. About CheckFree Corporation Based in Atlanta, CheckFree Corporation is a leading electronic billing and payment processor. Its customers include Internet portals like Yahoo!, financial institutions, brokerages, such as Charles Schwab Charles Schwab can refer to:
About the Electronic Funds Transfer Association Approaching a quarter-century of service, the Electronic Funds Transfer Association is the nation's leading trade association advocating the advancement of electronic payment systems and commerce. Its members include Internet-technology companies, manufacturers, financial institutions and ATM networks. |
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