EPL, Inc. and Payveris Announce Strategic Partnership

June 26, 2015

Rocky Hill, Conn., June 24, 2015–  EPL, Inc., an innovative core software and technology solutions firm serving credit unions nationwide and Payveris, LLC, , a next generation digital payments company, announced today a strategic partnership that enables EPL to offer its credit union customers a more unified, user friendly, and consistent omni-channel digital payments and money movement experience to their members. This partnership will further strengthen EPL’s core software solution, i-POWER®, and create an array of new services through its online banking suite.

“This partnership helps us offer our customers the ability to extend new payment options to their members through a seamless integration into our online banking suite,” said David McCullough, senior product manager at EPL. “Our ultimate goal is to provide technology solutions that differentiate our clients in an increasingly competitive financial services industry. We trust that Payveris will help us provide that added value and improved market position.”

Payveris’ highly secure digital payments offering capitalizes on the value of a single omni-channel platform. This platform will enable EPL’s online banking suite to provide an unparalleled payment and money movement experience for credit union members, whether they are paying a bill, transferring between financial accounts or paying a friend or merchant.

“Payveris is extremely focused on making the digital payment experience for consumers faster, more secure and easier to use while delivering emerging payment technologies to institutions who are interested in remaining at the center of commerce,” said Jeff Weikert, president of Payveris. “This partnership will empower credit unions that utilize EPL’s online banking suite to more easily control the member experience with respect to payments and money movement by providing a single, flexible infrastructure for bill payment, account-to-account (A2A) and person-to-person (P2P) money movement transactions.”

EPL - which just received a major equity investment from Dedagroup NA, an international IT services company – operates as a credit union service organization (CUSO) focused on continued innovation, leading the industry as it helps credit unions transform their technologies, member experiences and branch-delivery systems. Both EPL and Payveris pride themselves on consistently providing credit unions with cutting-edge solutions designed to improve their member experiences. This partnership serves to further enhance that competitive advantage through the addition of new and exciting services and resources.

About EPL, Inc.

EPL, Inc.’s custom software solutions maximize success while improving the member experience for credit unions of all sizes. By leveraging technology and specific member data, EPL’s innovative solutions help client institutions address challenges related to growth and relationship-building. We continually invest in our team and products to deliver an evolving and comprehensive open-system suite of solutions. Founded in 1977 by industry leaders, EPL is a credit union service organization (CUSO) headquartered in Birmingham, Ala. Get Connected today at www.eplinc.com.

About Payveris, LLC

Payveris is a proven next generation provider of digital payment solutions with a focus on keeping financial institutions at the heart of the digital payments ecosystem. Payveris’ single integrated platform offers full service online/mobile bill pay, P2P money movement and interbank transfer solutions for financial institutions, service providers and merchants. The company’s secure cloud-based platform, advanced technologies and full suite of APIs enable partners and financial institutions to deliver a more cost effective, secure, integrated and customized solution. Payveris’ innovative digital payments platform and PayItNow Network combined with its “white label” business model offers core processors, online and mobile banking providers and other providers of remote banking services a powerful solution for their financial services clients.

For more information about Payveris and its Digital Payment solutions, contact Mickey Goldwasser at 860.372.4105, via email at mgoldwasser@payveris.com or visit www.payveris.com.