Zions Bancorporation Selects CheckFree's PEP+ Platinum Suite to Enhance ACH Processing
23 Agosto 2007 - 8:00AM
PR Newswire (US)
Complete real-time solution designed to increase efficiency and
customer service capabilities ATLANTA, Aug. 23
/PRNewswire-FirstCall/ -- CheckFree Corporation (NASDAQ:CKFR) today
announced that Zions Bancorporation (NASDAQ:ZION) has selected the
CheckFree(R) PEP+ Platinum package as their choice for origination
and receipt of electronic payments through the Automated Clearing
House (ACH). Ranked among the top 40 banks in the United States
that originate and receive ACH transactions, Zions Bancorporation
will deploy the CheckFree solution to help manage increasing
transaction volumes. "As one of the largest originators of ACH
transactions in the U.S., Zions Bancorporation requires a solution
designed to enable them to continue to operate effectively and
optimize excellent ACH services through their affiliate banks,"
said Bert Harkins, vice president, global strategic marketing, for
CheckFree Software. "We are pleased to be able to work closely with
Zions to deliver the right solutions for their customers."
CheckFree PEP+, together with its comprehensive suite of add-on
modules, provides a complete solution to quickly and efficiently
originate and receive payments through the ACH, improve ACH
operating effectiveness and potentially decrease costs. The
CheckFree PEP+ Platinum suite includes the PEP+ Risk Compliance
Package, PEP+ Exchange, and PEP+ CommonView modules. CheckFree's
Applied Operational Intelligence(SM) approach helps clients drive
profitability and performance by combining innovative software,
proven expertise and business intelligence. This approach is built
on CheckFree's core competencies of payments processing and
consulting, reconciliation and exception management, fraud and risk
management, cash and logistics management and compliance software
and services. The Applied Operational Intelligence approach is
expressly designed to manage risk and efficiency, while leveraging
business intelligence to achieve measurable return on investment.
Zions Bancorporation (http://www.zionsbancorporation.com/) Zions
Bancorporation is one of the nation's premier financial services
companies, consisting of a collection of great banks, including
Amegy Bank of Texas, in select high growth markets. Zions operates
its banking businesses under local management teams and community
identities through over 500 offices and approximately 600 ATMs in
10 Western and Southwestern states: Arizona, California, Colorado,
Idaho, Nevada, New Mexico, Oregon, Texas, Utah and Washington. The
company is a national leader in Small Business Administration
lending and public finance advisory services. In addition, Zions is
included in the S&P 500 and NASDAQ Financial 100 indices.
Investor information and links to subsidiary banks can be accessed
at http://www.zionsbancorporation.com/. About CheckFree
(http://www.checkfreecorp.com/) Founded in 1981, CheckFree
Corporation (NASDAQ:CKFR) provides financial electronic commerce
services and products to organizations around the world. CheckFree
Electronic Commerce solutions enable financial services providers
to offer the convenience of online banking, and along with billers,
to offer the convenience of receiving and paying household bills
online, via phone or in person through retail outlets. CheckFree
Investment Services provides a broad range of investment management
solutions and outsourced services to hundreds of financial services
organizations, which manage about $1.8 trillion in assets.
CheckFree Software develops, markets and supports software
applications that are used by financial institutions to process
more than two- thirds of the nearly 14 billion Automated Clearing
House transactions in the United States. The division also provides
financial institutions and other organizations with payment
processing and consulting, reconciliation and exception management,
fraud and risk management, cash and logistics management, and
compliance software and services. Certain of the Company's
statements in this press release are not purely historical, and as
such are "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995. These include
statements regarding management's intentions, plans, beliefs,
expectations or projections of the future. Forward-looking
statements involve risks and uncertainties, including without
limitation, the various risks inherent in the Company's business,
and other risks and uncertainties detailed from time to time in the
Company's periodic reports filed with the Securities and Exchange
Commission, including the Company's Annual Report on Form 10-K for
the year ended June 30, 2006 (filed September 8, 2006), Form 10-Q
for the quarter ended September 30, 2006 (filed November 8, 2006),
Form 10-Q for the quarter ended December 31, 2006 (filed February
8, 2007), and Form 10-Q for the quarter ended March 31, 2007 (filed
May 10, 2007). One or more of these factors have affected, and
could in the future affect the Company's business and financial
results in future periods, and could cause actual results to differ
materially from plans and projections. There can be no assurance
that the forward-looking statements made in this press release will
prove to be accurate, and issuance of such forward-looking
statements should not be regarded as a representation by the
Company, or any other person, that the objectives and plans of the
Company will be achieved. All forward-looking statements made in
this press release are based on information presently available to
management, and the Company assumes no obligation to update any
forward-looking statements. DATASOURCE: CheckFree Corporation
CONTACT: Media, Judy DeRango Wicks, +1-678-375-1595, , or
Investors, Tina Moore, +1-678-375-1278, , both of CheckFree
Corporation Web site: http://www.checkfreecorp.com/
http://www.zionsbancorporation.com/
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