CheckFree (now part of Fiserv) has announced a new remote deposit capture product that allows retail customers to electronically scan and deposit checks from any location with a PC, a scanner and an Internet connection. According to CheckFree, "it provides simple, easy-to-use functionality for the consumer without compromising the security, fraud identification or processing quality required by financial institutions."   » Continue Reading

U.S. Bank and CheckFree have announced they are collaborating "to encourage consumers to save time, reduce stress and make children smile this holiday season by paying bills online. For every five bills that a customer pays via U.S. Bank Internet Banking now through Dec. 31, 2007, U.S. Bank and CheckFree will donate $10 to Toys for Tots."   » Continue Reading

CheckFree has announced an expanded OpenChannel strategy for mobile banking and mobile payments that it says "is designed to support multiple technologies for delivering online financial services via mobile devices, including microbrowser-based wireless application protocol (WAP), text messaging (known as SMS for short messaging service), and device-resident applications. Financial institutions can choose from a full range of deployment options, including hosted, software-based, hybrid and flexible component models, to meet their specific needs."   » Continue Reading

AT&T has announced "the launch of a comprehensive, easy-to-use mobile banking platform that will enable consumers to view account balances and history, transfer funds and pay bills from their AT&T mobile handsets."   » Continue Reading

A new SunTrust Bank and CheckFree study "reveals a clear link between electronic billing and payment habits and higher account balances, customer loyalty and profitability."   » Continue Reading

Glenbrook's Bryan Derman filed the following report tonight from today's Finovate 1.0 Conference in New York City.   » Continue Reading

Moneta has announced that it has acquired the Retail Payments (RPS) product formerly owned by CheckFree. "The RPS technology allows consumers to purchase goods and services by transferring money directly from their checking accounts to participating merchants. This simplified process eliminates a large portion of the fees merchants assume with traditional purchases made on credit cards and through other online payment providers. RPS has been a successful CheckFree service offering for more than two years."   » Continue Reading

Firethorn and CheckFree have announced that "Ogden, Utah- based America First Credit Union, one of the nation's 10 largest credit unions, will offer the Firethorn mobile banking solution to its 432,000 members."   » Continue Reading

Fiserv and CheckFree have announced that they have entered into a definitive agreement whereby Fiserv will acquire CheckFree in an all-cash transaction valued at approximately $4.4 billion.   » Continue Reading

A new survey sponsored by CheckFree and conducted by Harris Interactive and the Marketing Workshop concludes that, for the first time, consumers in Internet-connected households are paying more of their bills online than by paper check. "Online payments made up 39 percent of the total volume of bill payments among online households, an increase of 4 percent over the previous December 2005 survey. In contrast, the volume of checks sent through the mail fell 4 percent to 34 percent of the overall volume."   » Continue Reading

CheckFree Corporation has announced it has entered into a definitive agreement to purchase Corillian Corporation, a provider of Internet banking software and services, for a purchase price of about $245 million.   » Continue Reading

CheckFree and SunTrust have announced a multi- year contract extension where SunTrust will continue to offer CheckFree Web and will add CheckFree's FraudNet fraud engine to its online banking service.   » Continue Reading

CheckFree has announced it has entered into a definitive agreement to purchase Carreker Corporation for a total purchase price of approximately $206 million on a fully diluted basis.   » Continue Reading

Earlier this month, Firethorn announced a partnership with CheckFree to deliver mobile banking and bill payment services to financial institutions. Subsequently, Firethorn announced it was teaming with Cingular Wireless for its service and announced Synovus as its initial financial institution customer. In this article, we take a quick look at Firethorn's new mobile banking service based on the information on the company's web site and from its press releases.   » Continue Reading

CheckFree has announced that more than 40 financial institutions will deploy CheckFree FraudNet, its automated fraud detection and case management system, by the end of 2006. According to CheckFree, "two of the nation's top 10 national banks, five super-regional banks, as well as brokerage firms, credit unions and community banks, are among the institutions that have already implemented CheckFree FraudNet and achieved tangible results." CheckFree also announced today that consumers who pay bills online through banks that utilize CheckFree FraudNet will receive enhanced payment protection beginning in January 2007.   » Continue Reading

CheckFree has introduced a suite of Online Channel Optimization Solutions the company says is "designed to help financial institutions expand their reach and generate opportunities to acquire new customers at reduced cost, build deeper customer relationships to increase retention, and drive revenue growth and profitability by leveraging up-sell and cross-sell opportunities."   » Continue Reading

CheckFree and Firethorn Holdings have announced an exclusive partnership agreement to deliver mobile banking and bill payment services to financial institutions.   » Continue Reading

CheckFree has announced the results of a 2006 survey by Lieberman Research Worldwide on consumer bill payment behaviors. "The survey, a follow-up to a study announced in 2004 that first introduced Americans to six segments of bill-payer personalities, found that consumers today are more trusting of the Internet, particularly when it comes to financial management, and that there has been a significant, positive shift in several of the bill payment behavioral categories. The survey was conducted by Lieberman Research Worldwide, a Los Angeles-based firm that specializes in consumer segmentation research."   » Continue Reading

CheckFree has introduced a new module, CheckFree PEP+ reACH/BOC, that will enable banks to streamline the process of check conversion for their corporate customers. The new module will enable organizations to support NACHA's new Back Office Conversion (BOC) Standard Entry Class Code, which goes into effect on March 16, 2007. Back Office Conversion aligns Check 21 and Automated Clearing House (ACH) processing to facilitate best-path routing decisions on many checks presented at the point of sale.   » Continue Reading

CheckFreePay, a business unit of CheckFree Corporation, has announced CheckFreePay Link, a new service that will allow retailers with multiple locations to offer customers the ability to pay bills from leading companies in person.   » Continue Reading

Floyd Norris writes for the New York Times about what happened at CheckFree - reporting disappointing earnings on Tuesday resulting in its stock price falling 14 percent yesterday.

CheckFree has announced three new services powered by CashEdge. CheckFree Online Open and CheckFree Online Fund that are designed to help consumers establish and fund new accounts, in a matter of minutes. An automated decision-making engine processes the applications based on the financial institution's unique business rules for managing risk, while flagging any exceptions for manual review. CheckFree Online Transfer enables financial institutions to simplify the transfer of funds between accounts and create new revenue streams by extending their online offerings to include fee-based, intra- and inter- institution fund transfer services between accounts held at more than 23,000 banks, credit unions and brokerages.   » Continue Reading

NWP Services Corporation (NWP) and CheckFree have announced that Alliance Residential Management has selected the aBreeze solution to provide electronic payment options for residents at 153 owned or professionally managed multi-housing properties.   » Continue Reading

Glenbrook's Jim Salters shares a perspective on the reality of payments convergence based upon his recent discussions with senior executives from CheckFree and ACI Worldwide.   » Continue Reading

NWP Services Corporation and CheckFree have announced a new resident payment solution, branded as aBreeze, combining NWP's multi-housing billing services capabilities with CheckFree's payment processing expertise to provide residents with a flexible variety of payment options for rent, utilities and other resident fee balances.   » Continue Reading

Bob Tedeschi writes for the New York Times about how online bill payment is booming - with online payments (currently 35 percent of bills are paid online) expected to pass those paid by check (currently 37 percent) in the next year according to a Harris poll commissioned by CheckFree.

The Atlanta Journal-Constitution has published its Best of Business 2006 list of Georgia companies - including profiles of several payments-related firms: CheckFree, CompuCredit, Global Payments, and Synovus.

CheckFree has announced the results of its most recent survey, "The Latest Consumer Billing and Payment Trends," conducted every nine months by CheckFree Research Services with The Marketing Workshop, Inc. and Harris Interactive.   » Continue Reading

CheckFreePay, a business unit of CheckFree Corporation, and Boost Mobile, a youth lifestyle-based telecommunications brand, have announced that Boost Mobile's eRe-Boost service is now available at select CheckFreePay walk-in locations. eRe-Boost enables consumers across the United States to electronically add minutes to their Boost Mobile cellular phones.   » Continue Reading

CheckFree has announced CheckFree Positive Pay Accelerator, a fully integrated, real-time software module to the CheckFree ARP/SMS product, that enables financial institutions to improve operational efficiency, speed detection of fraud and provide corporate clients with the ability to prevent fraudulent payments.   » Continue Reading

Bruce Mohl reports for the Boston Globe on a change made by Bank of America over the weekend that allows customers to continue to earn interest on their money until bill payments are delivered rather than from when a bill payment has been initiated.   » Continue Reading

Holly Sraeel reports for Bank Technology News on CheckFree's twenty-five year history in electronic payments.   » Continue Reading

CheckFree is seeking a VP Payment Management to be based in either Atlanta, GA or Columbus, OH.   » Continue Reading

CheckFree has announced the acquisition of PhoneCharge, a provider of telephone and Internet-based bill payment services, for approximately $100 million in a cash transaction that closed effective January 1, 2006.   » Continue Reading

CheckFree has announced results of a recent survey concluding that 56 percent of US online households are paying at least one bill online, up from 52 percent last year. Currently, 87 percent of users who pay their bills from a single "consolidated" website, such as a bank, brokerage, credit union or Internet portal, say they receive the service for free.   » Continue Reading

CheckFree has announced FraudNet, a new solution that combines a real-time analytics engine from Actimize with CheckFree's cumulative knowledge of payment patterns to help identify possible fraudulent transactions.   » Continue Reading