OneVu wins two key payments awards in two months

5th June 2007 – OneVu has achieved a spectacular double by winning Europe’s top awards for innovation in payments in two consecutive months – from EPCA/ECR and The Banker.

Together these awards prove OneVu’s success at realising the vision of our parent company, Voca. This aims to encourage the uptake of electronic automated payments and bills through innovative products for changing lifestyles.

In addition, they recognise the speed at which OneVu is influencing the UK payments landscape: our service has been live with key online banks for just a few months – Lloyds TSB since November 2006 and RBS and NatWest since April 2007.

The awards

EPCA/ECR – European Payments Consulting Association/European Card Review

OneVu fought off stiff opposition from other European entrants such as Banksys Belgium and Permanent TSB Bank Ireland to win the most innovative retail or corporate payments service award at an event held in Frankfurt on 15 May.

The EPCA panel of consultant judges couldn’t have been more complimentary about the OneVu service. For example, they said:

• “Amazing new product”
• “Well thought through”
• “Making life easier for a lot of households”
• “Powerfully presented to the public”

Martin Kearsley, Chief Executive of OneVu, commented: “This award is a powerful acknowledgement by the industry of how important innovations, such as the OneVu presentment service, are in enabling the payments industry to really enrich existing services and make a difference to consumers.”

In addition, Martin Wilson, Chief Commercial Officer of Voca, who received the award in person, said: “Voca has an exceptional capability to provide value-added services to the European banking community. OneVu is one of our most advanced propositions, and we are delighted to win this prestigious award.”

The Banker

OneVu has demonstrated how billing organisations can benefit from speedier, more accurate payments, with smaller suspense accounts and lower customer-service costs, by winning The Banker technology award 2007 for faster payments in the ‘payments innovation’ category.

This exciting award confirms OneVu’s position at the heart of the UK financial system, putting us on a par with more-established major players.

Miles Quitmann, Commercial Director of OneVu, commented on the award: “The OneVu service effectively joins up the journey from bill presentment to payment from one secure, convenient location. It will allow consumers the option of choosing faster payment methods, giving them unparalleled control over their finances.

Looking forward, OneVu’s unique position as an extension of the online bank, and its strong relationships with both billers and consumers, means that it is perfectly placed to deliver a broad range of consumer services which will also benefit from faster payments.”

Editor’s note:

OneVu is the UK’s first consolidated electronic bill management service which lets people see, track and pay all their bills from the familiar, secure environment of their online bank.

OneVu is a joint venture between Voca (formerly BACS Ltd), which processes over 4 billion financial transactions each year, and CheckFree Corporation (Nasdaq: CKFR), a provider of financial electronic commerce services and products to organisations around the world.

For further information please contact:
Judith Thompson, The Weston Partnership,
Tel: 01403 891 514
07771 591 501
judith@westonpartnership.co.uk