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1997 Press Releases
Travelers Express & nFront
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FOR IMMEDIATE RELEASE
CONTACT:
Nancy Dedera
602/207-5338
ndedera@viad.com
or
Cathy Rebuffoni
612/591-3335
TRAVELERS EXPRESS WILL PROVIDE ELECTRONIC BILL PAYMENT PROCESSING FOR nFRONT
MINNEAPOLIS, Minn., Oct 14, 1997 - Travelers Express Company, Inc. the second largest bill payment processor in the nation, will provide electronic bill payment processing for Internet bill payment software programs offered through nFront, Inc. An Internet banking software provider, nFront specializes in the community bank market.
"We feel that Travelers Express will be an integral part of our success," said Tripp Rackley, president and chief executive officer of nFront. "They have proven themselves to us with both a quality product and a commitment to further develop the latest technology."
Founded in 1996, nFront owns the registration rights of the www.banking.com domain name. nFront is located in Bogart, Ga., where the company's Internet Banking Center supports banks that run its nHome™ Internet banking product. Currently, nFront has four community banks running the nHome™ Internet banking solution.
Travelers Express provides electronic bill payment processing for more than 500 financial institutions. The company, which is also a leading processor of money orders and official checks, annually processes about 750 million payment transactions valued at close to $100 billion.
Headquartered in Minneapolis, Travelers Express is a major subsidiary of Phoenix-based Viad Corp (NYSE:VVI), a $2.5 billion Standard & Poor's MidCap 400 services company that includes airline catering, convention services, payment services, and travel and leisure.
