Some Companies Know How to Make a Statement--Online Insurance & Technology (11/00) Vol. 25, No. 11 p.65; Marlin, Steven
CheckFree, a provider of electronic bill payment
solutions, is hoping to further the trend of online bill payment.
CheckFree's I-solutions division is offering XML-based billing
solutions for the telecommunications, insurance, banking,
utility, and brokerage industries. CheckFree's core product,
I-Series, transforms data used for producing paper bills into
XML-based "objects." These objects are used to create a flexible
business application. Using I-solutions, billers can either host
the application themselves or outsource it to CheckFree. Bills
can be distributed for access at banks, brokerages, Internet
portals, or the biller's site. CheckFree also enables billers to
track the status of a payment through a browser-based window,
regardless of whether the bill is presented at the biller's site.
I-Solution's customers within the insurance sector include
Allstate, Trimark, Guardian Life, Nationwide, Metropolitan Life,