Geezeo, 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.