eWise, a payments and online financial management solutions provider, today announced a call for executive nominations to the Secure Vault Payments^® Marketing Advisory Council with support and participation from NACHA — The Electronic Payments Association. Secure Vault Payments is an alternative payment option that offers convenience and security for consumers, allows institutions to receive money faster, and helps keep costly and wasteful paper out of the system.

“Secure Vault Payments continues to grow in its size and penetration,” said Jan Estep, president and CEO, NACHA. “As participation expands, user experiences will be critical to informing future needs. The expertise the council members bring to the table will help guide market development for Secure Vault Payments.”

A formalized organization, the Secure Vault Payments Marketing Advisory Council, will work to share industry insights and experience to maximize awareness for Secure Vault Payments and ensure the effectiveness of the payment type. Those selected from the nominations will become the founding members of the Council, which will be comprised of up to 20 members representing financial institutions, merchants, billers and gateway service companies. Through regular meetings and communication, the Council will be relied upon to play a critical role in defining direction and priorities to drive adoption.

“It is vital to the success of the network that we continue to collaborate with industry experts to raise awareness and help define the position of alternative payment types like Secure Vault Payments,” said Alex Grinberg, CEO, eWise. “We are looking forward to working with a broader group to make the significant push that is necessary to bring new value to the entire payment process.”

In this, the founding year of the Council, senior leadership from eWise will assess candidates. All Council members are expected to be seated no later than April 15, 2011 and are expected to serve for an annual term. For more information or to complete a nomination form, visit www.ewise.com.

About Secure Vault Payments

Secure Vault Payments^® enables consumers to initiate private and secure payments for purchases and bill payments through their financial institutions’ online banking platforms, using the ACH Network and eWise’s Online Banking ePayments technology. Financial institutions authenticate consumers and provide businesses with real-time authorization and confirmation of payment (ACH credit). Secure Vault Payments™ is a trademarked offering of NACHA — The Electronic Payments Association. To learn more, visit www.securevaultpayments.com.

About NACHA — The Electronic Payments Association

NACHA manages the development, administration, and governance of the ACH Network, the backbone for the electronic movement of money and data. The ACH Network serves as a safe, secure, reliable network for direct consumer, business, and government payments, and annually facilitates billions of payments such as Direct Deposit and Direct Payment. Utilized by all types of financial institutions, the ACH Network is governed by the NACHA Operating Rules, a set of fair and equitable rules that guide risk management and create certainty for all participants. As a not-for-profit association, NACHA represents nearly 11,000 financial institutions via 17 regional payments associations and direct membership. Through its industry councils and forums, NACHA brings together payments system stakeholders to enable innovation that strengthens the industry with creative payment solutions. To learn more, visit www.nacha.org, www.electronicpayments.org and www.payitgreen.org.

About eWise

eWise is partnering with NACHA to provide the Secure Vault Payments network, utilizing its Online Banking ePayments (OBeP) technology and account management services. eWise is a payments and online financial management solutions provider with a reputation for providing innovative solutions that make transacting online easier and more secure. eWise offices in US, UK, China and Australia support some of the world’s top 50 financial institutions with solutions delivering outstanding, proven ROI for its customers and a better online experience for millions of end-users worldwide. For more information, visit www.ewise.com.