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Tech Industry

Short: CheckFree, Wells Fargo bill-processing contract

CheckFree announced a five-year contract with Wells Fargo, the nation's ninth largest bank company. CheckFree will provide its processing services for Wells Fargo's bill payment channels, including its online services, touch-tone telephone services, and ATMs. The transition from Wells Fargo to CheckFree processing is expected to take place during the second quarter of 1997.

CheckFree announced a five-year contract with Wells Fargo, the nation's ninth largest bank company. CheckFree will provide its processing services for Wells Fargo's bill payment channels, including its online services, touch-tone telephone services, and ATMs. The transition from Wells Fargo to CheckFree processing is expected to take place during the second quarter of 1997.