Atlanta, Ga.-based CheckFree Corp. announces four new agreements in key markets. First, its CheckFree i-Solutions software division lands Federated as a customer for its online billing system, giving 70 million Federated credit card customers the ability to receive and pay their bills online at their choice of more than 300 CheckFree-powered sites including banks, brokerages, credit unions and Internet portals. Federated, with corporate offices in Cincinnati and New York, is one of the nation's leading department store retailers, with annual sales of more than $18.4 billion. Federated currently operates more than 450 stores in 34 states, Guam, and Puerto Rico under the names of Bloomingdale's, The Bon Marche, Burdines, Goldsmith's, Lazarus, Macy's, and Rich's, as well as macys.com, bloomingdales.com and Bloomingdale's By Mail. Federated also operates the Fingerhut catalog and e-commerce subsidiary. More information about Federated is available at www.federated-fds.com. ... CheckFree i-Solutions also has designated Payment Systems for Credit Unions Inc. as a Premier Certified Partner through its Certification Program. This allows PSCU to offer technical, business, and marketing expertise via CheckFree's distribution and payment network of nearly 300 Internet sites as an extension of their own products and services including a full suite of electronic billing and payment options. Founded in 1977, PSCU is owned by more than 500 member credit unions representing in excess of 6 million cardholder accounts across the nation. ... Milwaukee, Wis.-based specialty insurer Fortis Health has selected CheckFree RECON-Plus for Windows to automate manual processes and support daily reconciliation for its bank activity and general ledger accounts. Fortis Health will also be implementing CheckFree APECS to ensure compliance with abandoned-property reporting requirements for its divisions nationwide. Fortis Health (www.fortishealth.com) is part of Fortis Inc., which in turn is part of the international insurance, banking, and investments firm, Fortis Group (www.fortis.com). ... Barclays Stockbrokers is preparing to go live on CheckFree's Investment Services division's CheckFree APL WRAP system. Barclays Stockbrokers, a business unit of Barclays Bank plc, will use CheckFree APL WRAP to automate its Barclays Managed Account Program, a separately managed account service for the firm's high net-worth clients introduced last year. ... CheckFree's Software division provides solutions through three operating units: CheckFree ACH Solutions, CheckFree Financial and Compliance Solutions (CFACS), and CheckFree i-Solutions. For more information about CheckFree (Nasdaq: CKFR), visit www.checkfree.com.
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