eDeposit Selected to Present at FinovateSpring 2012

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Innovative Payments Company to Unveil its Real-Time Buyer-Authorization Network.

eDeposit
eDeposit clients see funds earmarked by their customers before they ship, manufacture, lease, or distribute goods and services and enjoy lower risk and lower cost in B2B, B2C and P2P transactions.

eDeposit Corporation, a leading financial services company (http://www.edeposit.com) is excited to announce it has been chosen to present at FinovateSpring 2012 on May 8th in San Francisco, California. Having completed the competitive application process, eDeposit was selected to provide a demonstration of its new buyer-authorization solution. FinovateSpring features innovative products provided by financial technology leaders, startups, and institutions. This forum offers the opportunity for eDeposit to showcase its pioneering ideas to potential new customers, venture capitalists, and the media.

eDeposit identified thousands of businesses seeking payment applications to reduce risk, increase profitability and transform the user experience. The company will demonstrate how its patented technology and unique buyer-authorization model with real-time settlement displaces legacy payment methods with simple web and mobile-integrated solutions. eDeposit clients see funds earmarked by their customers before they ship, manufacture, lease, or distribute goods and services and enjoy lower risk and lower cost in B2B, B2C and P2P transactions.

“Every day merchants are saying, ‘Show me the money!’ when they’re working with customers,” says Robert R. Craig, CEO of eDeposit. “With our new buyer-authorization solution, businesses, consumers—everybody can see the money is there, ready to help complete the transaction.”

About FinovateSpring 2012
FinovateSpring is a demo-based conference for innovative startups and established companies in the fields of banking and financial technology. Held in San Francisco, the event offers an insight-packed glimpse of the future of money via a fast-paced, intimate and unique format. FinovateSpring is organized by The Finovate Group. For more information on the event or to view videos of previous demos, please visit http://www.finovate.com/spring2012.

About eDeposit
eDeposit is reinventing the way businesses interact with their customers. eDeposit improves client profitability and customer experience through its real-time payment network. Our patented technology permits buyers and sellers to say, "Show me the money!" and actually see the funds on hold via our unique virtual account platform. eDeposit provides the assurance of good funds and real-time settlement for businesses managing one-time and recurring transactions. For more details, visit http://www.edeposit.com.

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Dan Thomas
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