Pay By Touch, the leader in biometric payments and personalized marketing, and eBank Systems, Inc., a leading provider of software and core services to community banks, announced the formation of a reseller agreement. Under the alliance, eBank will market and sell Pay By Touch’s Paycheck Secure(R) service — a popular biometric check-cashing system — to its existing customer base of more than 30 community banks and financial institutions as well as new prospects.
Paycheck Secure, powered by Pay By Touch(R), lets people cash checks using a simple finger scan to authenticate their identity. Already, more than 3 million consumers are using Paycheck Secure in 2,000 retail locations across 41 states.
“We are very excited to be working with eBank to provide their customers with a secure and easy-to-use check-cashing solution that can help them attract new customers,” said John Rogers, Founder, Chairman, and CEO of Pay By Touch. “Paycheck Secure, powered by Pay By Touch, can help banks generate additional non-interest, fee-based revenue while decreasing the risk of fraud and meeting applicable regulatory compliance requirements.”
“At eBank, we are committed to helping community financial institutions realize their full potential,” said Dave Boren, CEO, eBank. “Reducing fraud is a major issue for banks and credit unions alike. We are pleased to offer Paycheck Secure, an efficient and secure way for financial service providers to serve more customers.”
The one-time sign-up for the Paycheck Secure service is quick and easy to complete. To enroll new customers, banks digitally scan the consumer’s government-issued photo I.D., take an electronic photograph and capture two fingerprints, creating a unique customer profile for each individual. At subsequent visits to the bank, the customer need only place his/her finger on the scanner to safely and securely cash payroll and government checks.
eBank offers a full suite of technology and core service products for community banks including data processing, item processing, teller applications, check imaging, telephone and internet banking, document imaging, and loan processing platforms.
About eBank Systems, Inc.
eBank Systems, Inc. is a Lubbock, TX based technology and core service provider for financial institutions in the Southwestern United States. eBank offers a full suite of products for community banks including core data processing, item processing, teller applications, check imaging, telephone and internet banking, document imaging, and loan processing platforms. eBank’s signature product, Trinisys, is a state of the art core data processing system designed to streamline the operations of financial institutions. eBank was founded in 1997 by Mr. Dave Boren, the current CEO of eBank.
You may learn more by visiting our website at http://www.ebanksystems.com.
About Pay By Touch
Pay By Touch (http://www.paybytouch.com) is the global leader in biometric authentication, personalized marketing and payment solutions. Already, more than 3.6 million consumers are using Pay By Touch services to identify themselves, make purchases, cash checks and get personalized savings with the touch of a finger. Pay By Touch services are free for consumers to use and available in more than 3,000 retail locations across 44 states, the UK and Singapore. Pay By Touch also provides robust data management and payment processing solutions for ACH (electronic checking), card-present and card-not-present debit and credit transactions for retail clients. Founded in 2002 and headquartered in San Francisco, Pay By Touch employs 800 professionals and holds more than 60 patents worldwide on secure, convenient and cost-effective transaction solutions.