Geezeo Forms Strategic Alliance with iPay Technologies

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Tue Nov 3, 2009 9:01am EST

Offers expanded online bill pay capabilities to community financial institutions

HARTFORD, Conn.--(Business Wire)--
Geezeo (www.geezeo.com), a diversified Internet banking provider that offers an
online personal financial management (PFM) and social networking system to
community financial institutions, announced an alliance with Elizabethtown,
Ky.-based iPay Technologies, a provider of white label online bill payment
solutions and unmatched service at more than 3,600 of the nation`s financial
institutions, to offer expanded bill payment services. 

The alliance creates a seamless interface between Geezeo and iPay solutions and
offers bill payment services to community banks and credit unions that enable
them to further build their relationships with consumers. 

"This partnership provides a way for community financial institutions to
cost-effectively expand the level of service they provide to their consumers,"
said Shawn Ward, co-founder of Geezeo. "This adds to the value of the
institution in the financial life of individual consumers, boosts retention and
leads to future opportunities for cross-selling and offering additional
services." 

"Geezeo`s clients have the opportunity to increase the `stickiness` of their
relationships with consumers by offering online bill payment services that equal
or exceed those offered by larger competitors," said Bill Ready, president of
iPay Technologies. 

Geezeo`s personal financial management suite provides financial institutions
with online budgeting and personal finance tracking tools they can share with
their customers. Geezeo`s customizable interface with single sign-on
capabilities enables consumers to access the suite through their financial
institution`s online banking platform. 

About Geezeo

Founded in 2006, Geezeo offers Internet banking solutions including personal
financial management (PFM), online community trust-based marketing, account
access and bill payment. Geezeo`s unique platforms help financial institutions
develop online customer dialog while generating growth through customer
acquisition and increased wallet share. For more information on the privately
held company, visit www.geezeo.com. 

About iPay Technologies

iPay Technologies provides white label online bill payment solutions and
unmatched service for nearly 40 percent of the nation`s community financial
institutions, including more than 51 percent of the credit unions that offer
bill pay. iPay`s turnkey online bill payment solutions help financial
institutions to attract, retain and grow their most profitable customers. iPay
is a nationally recognized industry leader with outstanding customer service and
support. Founder Dana Bowers is a regional 2009 Ernst & Young Entrepreneur of
the Year. Additional information is available at
http://www.ipaytechnologies.com.

For Geezeo
Media contact
Sarah Wroble, 678-781-7236 

Copyright Business Wire 2009

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