Firethorn and CheckFree to Provide Arvest Bank Group Mobile Banking and Payments
2007年10月4日 - 6:36AM
PRニュース・ワイアー (英語)
Midwest community bank leader to deliver convenient, flexible and
secure mobile banking and payment options to customers ATLANTA,
Oct. 3 /PRNewswire/ -- Firethorn Holdings, LLC,
(http://www.firethornmobile.com/) the mobile banking and payments
enabler, and CheckFree Corporation (NASDAQ:CKFR), a leading
provider of financial electronic commerce services and products,
announced today that Bentonville, Ark.-based Arvest Bank Group
(http://www.arvest.com/), a $9.3 billion-asset community banking
leader throughout Arkansas, Oklahoma, Missouri and Kansas, will
offer the Firethorn mobile banking and payments solution beginning
first quarter 2008 to its 164,000 active online banking customers
and over 24,000 monthly online bill-pay users. Arvest selected
Firethorn based on its single sign-on technology as well as
Firethorn's exclusive partnership with leading online banking and
bill payment leader CheckFree. Also of importance to Arvest is the
opportunity for Firethorn's mobile banking application to be
pre-loaded on AT&T handsets, thus increasing the bank's
visibility and likelihood of user adoption. "Convenience for our
customers is always a top priority as demonstrated by our 12-hour
banking locations and expansive ATM network," said David DeMarea,
Director of Alternative Delivery Systems at Arvest. "This is an
additional channel that will allow our customers to manage their
banking services. We appreciate working with Firethorn and
CheckFree to bring this new access channel to our customers." The
Firethorn mobile banking and payments solution is customizable and
branded, thus enabling Arvest to tailor the application to showcase
specific products and services for its customers. And because
Firethorn's mobile banking solution will be embedded on AT&T
mobile handsets, wireless users will be able to easily locate the
application. Arvest customers, using their Firethorn-enabled mobile
application, will be able to pay bills, check balances, view
history and transfer funds from their Arvest Bank accounts. "Arvest
has been a valued CheckFree online bill payment partner since
2001," said Alex Hart, executive vice president and general manager
of CheckFree Electronic Banking Services. "We look forward to
working with Firethorn to provide Arvest customers with CheckFree
electronic billing and payment services through their
Firethorn-enabled mobile handsets." "One leading financial
institution at a time, Firethorn - together with its rapidly
expanding group of strategic partners - is making the mobile
banking and payments market," said Firethorn Chairman and Chief
Executive Officer Tripp Rackley. "We are pleased to welcome Arvest
to our network and look forward to working with this visionary
institution to provide a superior mobile banking and payments
experience to its customers." The Firethorn mobile banking and
payments solution is available on select AT&T wireless handsets
today and will be expanded to support additional devices later this
year. "Banks realize that many customers enjoy the benefits of
online banking and the power to expand these capabilities to the
mobile handset is compelling for people that need to pay bills,
transfer funds or check balances on-the- go," said Mark Collins,
Vice President, Consumer Data Products, AT&T's wireless unit.
"Every bank that is added to Firethorn's platform will provide
additional options for AT&T customers who wish to access their
financial institution remotely." About Firethorn Firethorn is the
mobile banking and payments enabler supported by the nation's
leading financial institutions and wireless carriers. The Firethorn
solution is a single, secure, certified application embedded on
select wireless handsets, which allows users to view account
balances and history, transfer funds and receive and pay bills.
Firethorn enables financial institutions to deliver branded
services to consumers via the mobile device, wireless carriers to
deliver consumer-convenient, mass-market applications to
subscribers, and mobile device users to access and add multiple
financial relationships with one password. Firethorn network
partners gain the ability to improve customer retention, generate
revenue and enhance brand equity. Firethorn is among IDC Research's
"Emerging Mobile Players to Watch" and one of Georgia's Most
Innovative Technology Companies. For more information on Firethorn,
visit http://www.firethornmobile.com/. About Arvest Bank Group
Arvest Bank operates more than 200 bank branches in Arkansas,
Oklahoma, Missouri and Kansas through a network of 16 locally
managed community banks, each with their own board of directors and
management team. These banks serve customers in 90 communities with
12-hour weekday banking at most locations. Arvest also operates a
mortgage company, asset management company, insurance division and
mortgage servicing company. Arvest employs more than 1,100
associates in Northwest Arkansas. About CheckFree Founded in 1981,
CheckFree (NASDAQ:CKFR) provides electronic commerce to
organizations around the world. CheckFree Electronic Commerce
solutions enable thousands of financial providers and 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 payment
processing solutions that are used by financial institutions to
process more than two-thirds of the 14 billion Automated Clearing
House transactions in the United States, and supports
reconciliation, exception management, risk management, transaction
process management, corporate actions processing, and compliance
within thousands of organizations worldwide. Certain of CheckFree'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 CheckFree's business,
and other risks and uncertainties detailed from time to time in
CheckFree's periodic reports filed with the Securities and Exchange
Commission, including CheckFree's Annual Report on Form 10-K for
the year ended June 30, 2007 (filed August 24, 2007). One or more
of these factors have affected, and could in the future affect
CheckFree'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 CheckFree, or any other person,
that the objectives and plans of CheckFree will be achieved. All
forward-looking statements made in this press release are based on
information presently available to management, and CheckFree
assumes no obligation to update any forward-looking statements.
About AT&T AT&T Inc. (NYSE:T) is a premier communications
holding company. Its subsidiaries and affiliates, AT&T
operating companies, are the providers of AT&T services in the
United States and around the world. Among their offerings are the
world's most advanced IP-based business communications services and
the nation's leading wireless, high speed Internet access and voice
services. In domestic markets, AT&T is known for the directory
publishing and advertising sales leadership of its Yellow Pages and
YELLOWPAGES.COM organizations, and the AT&T brand is licensed
to innovators in such fields as communications equipment. As part
of its three-screen integration strategy, AT&T is expanding its
TV entertainment offerings. Additional information about AT&T
Inc. and the products and services provided by AT&T
subsidiaries and affiliates is available at http://www.att.com/.
AT&T and the AT&T logo are trademarks of AT&T Knowledge
Ventures. For more information, please review this announcement in
the AT&T newsroom at http://www.att.com/newsroom. DATASOURCE:
Firethorn Holdings, LLC CONTACT: Kelly Buday, Firethorn Holdings,
LLC, +1-678-507-2555, Web site: http://www.firethornmobile.com/
http://www.att.com/ http://www.att.com/newsroom
http://www.arvest.com/
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