New Module of CSG(R) Care Express Product Leverages Industry-Leading
Electronic Billing Technology From CheckFree
NEW ORLEANS, (The National Show), May 3 /PRNewswire-FirstCall/ -- Leading
global customer care and billing solutions provider CSG Systems (Nasdaq: CSGS)
today announced the availability of Consolidator, a new module of CSG's Care
Express product that allows consumers to pay bills from their broadband
service provider through their choice of over 1,000 financial services web
sites.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020627/CSGSLOGO )
CSG(R) Care Express enables broadband subscribers to manage their account
and view, manage and pay bills over the Internet. By adding the new
Consolidator module, service providers will be able to present monthly bills
to consumers not only through their own Web site, but also through a wide
variety of bill payment sites on the Internet, such as banking web sites,
brokerage firms, credit unions and Internet portals.
CSG has partnered with CheckFree Corporation (Nasdaq: CKFR), a leading
provider of financial electronic commerce services and products, to offer bill
consolidation services. The companies have completed a tight, real-time
integration between CSG Care Express and CheckFree e-Bill(R) distribution
services to allow CSG's broadband and direct broadcast satellite customers to
tap into the growing consumer interest in paying bills online.
"With consumer interest in online bill payment growing exponentially, our
broadband and DBS customers are looking to extend their billing capabilities
to cover as many e-billing avenues as possible," said Ed Nafus, president of
CSG's Broadband Services Division. "We believe that our partnership with
CheckFree allows us to deliver industry-leading bill consolidation services
that will enable our customers to better serve their subscribers."
"Broadband operators will bring valuable content to our financial services
clients, while they provide their customers with the convenience and control
of choosing where they want to pay bills online," said Doug Krapcho, senior
vice president of CheckFree Biller Solutions. "Consumers are looking for more
control over their finances and increased convenience and control over monthly
finances is a large part of electronic billing and payment's value."
About CSG Care Express
CSG Care Express enables customers of broadband services providers and
direct broadcast satellite providers (DBS) to perform self-care functions such
as viewing, managing and paying bills over the Internet. Care Express works
with CSG's CCS core billing solution and offers three fully-integrated options
-- an Electronic Bill Presentment and Payment (EBPP) module, a Self-Care
module and a Consolidator module, managed in CSG Systems' state of the art
service bureau facility. Over one and a half million customers use Care
Express on a regular basis to pay bills, manage account information and add or
change services without interacting with a call center.
About CheckFree (http://www.checkfreecorp.com)
CheckFree (Nasdaq: CKFR) is the leading provider of financial electronic
commerce services and products. Founded in 1981 and celebrating its 23rd year
in e-commerce, CheckFree is comprised of three divisions: Electronic Commerce,
Software, and Investment Services. CheckFree launched the first fully
integrated electronic billing and payment solution in 1997. In the quarter
ended December 31, 2003, more than 12 million consumers initiated online
payments through services offered by CheckFree's Electronic Commerce division.
Electronic billing and payment is available through more than a thousand
financial services organizations, including banks, brokerage firms, Internet
portals and personal financial management (PFM) software. At these sites,
consumers are able to electronically receive and pay essentially all the bills
most common to a U.S. household. CheckFree delivers 18.5 million e-bills each
quarter. CheckFree Investment Services provides a broad range of investment
management services to thousands of financial institutions nationwide. The
division's clients manage more than 1.4 million portfolios totaling more than
$700 billion in assets. CheckFree's Software division provides solutions
through three operating units: CheckFree ACH Solutions, CheckFree Financial
and Compliance Solutions (CFACS), and CheckFree i-Solutions. CheckFree ACH
Solutions provides software and services that are used to process more than
two-thirds of the nation's nine billion Automated Clearing House payments,
while CFACS provides reconciliation, financial messaging, workflow and
compliance software and services to more than 600 organizations in the
banking, brokerage, investment management, insurance and credit card
industries, among others. CheckFree i-Solutions is the leading provider of e-
billing and e-statement software and services for both business-to-consumer
and business-to-business applications.
About CSG Systems
With worldwide headquarters in Englewood, Colo., CSG Systems is a
subsidiary of CSG Systems International, Inc. (Nasdaq: CSGS). CSG and its
wholly-owned subsidiaries serve more than 265 service providers in more than
40 countries. CSG is a leader in next-generation billing and customer care
solutions for the cable television, direct broadcast satellite, advanced IP
services, next generation mobile, and fixed wireline markets. CSG's unique
combination of proven and future-ready solutions, delivered in both outsourced
and licensed formats, empowers its clients to deliver unparalleled customer
service, improve operational efficiencies and rapidly bring new revenue-
generating products to market. CSG is an S&P Midcap 400 company. For more
information, visit our website at http://www.csgsystems.com.
SOURCE CSG Systems
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Related links:
http://www.checkfreecorp.com
http://www.csgsystems.com
Photo Notes:
NewsCom:
http://www.newscom.com/cgi-bin/prnh/20020627/CSGSLOGO
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com
CONTACT:
Elise Brassell, +1-303-804-4962,
elise_brassell@csgsystems.com; or Liz Bauer, Investor Relations,
+1-303-804-4065, liz_bauer@csgsystems.com, both of CSG Systems
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