FinovateEurope 2011 / eWise
Presenter Profile:
How they describe themselves: eWise is a privately held technology company with offices in Denver, London, Shenzhen, and Sydney. The Company develops online payment, account aggregation, personal financial management, and eAuthentication solutions to financial institutions in Australia China, Europe, North America, and the United Kingdom.
eWise is well known for its role in establishing Online Banking ePayments (OBeP) networks around the world. In the U.S., eWise is the exclusive network provider for Secure Vault Payments, a trademarked offering of NACHA – The Electronic Payments Association. In the UK, eWise is partnering with VocaLink to introduce a similar payments solution, eWise payo, using the recently introduced Faster Payments infrastructure.
How they describe their product/innovation: eWise payo allows consumers to make fast, simple, and safe online payments using their existing online bank account when shopping or paying bills online.
Consumers prefer eWise payo because, unlike many other payment mechanisms, eWise payo does not require them to enroll or register with any third-party payments entities. By leveraging the security of online banking and the consumer’s comfort and knowledge of that bank-sponsored interface; eWise payo provides a payment option that is at once extremely user-friendly and completely secure. Merchants benefit from improved sales conversion rates, near real time funding via Faster Payments, and fees typically lower than other payment options. eWise payo helps banks recapture revenue lost to alternative payment providers by keeping them in the payment chain while also encouraging consumer adoption of online banking.
Contacts:
Bus. Dev.: John France, MD, European Payments Division, jfrance@ewise.com,
+44 20 7887 7653
Press: Patti Duncan, Director of Marketing, pduncan@ewise.com, 303-256-6276
Sales: Mark Matthews, Managing Director, mmatthews@ewise.com, +44 20 7887 7652