EZPay buys ICASI Database Services

Source: EZPay Financial Services

EZPay Financial Services announced that they have completed the acquisition of ICASI Database Services, ICASI is the pre-eminent provider of real-time information on issued checks to financial institutions and the nation's 11,000 check cashing stores.

"This acquisition will allow us to control the roll out of some of the advanced services that I talked about back in March. As the CEO of EZPay it is my responsibility to all of our stakeholders to provide for a bright future. Adding ICASI's proprietary technologies is one more step in that direction," said Ronald Ehli, CEO of EZPay.

"There are no immediate plans to restructure, but, Mr. Ehli will take over as our President. Everyone at ICASI is elated to have such a visionary, and the 'get it done' personality of Mr. Ehli at our helm," remarked Abhishek Arya, spokesman for ICASI.

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