FinovateSpring 2015 / SayPay Technologies

Presenter Profile:

How they describe themselves: SayPay makes paying bills faster, easier, and more secure. Consumer procrastination often leads to late charges and unnecessary interest expense. SayPay users pay bills (and make online purchases) within seconds — without the need to sign in! SayPay eliminates “friction” by harnessing three technologies – mobile, voice recognition, and biometric authentication. Further, our patent pending technology eliminates the risk and inconvenience of remembering or keying in passwords (especially on tiny mobile phone keyboards) with just the consumer’s unique voice.

How they describe their product/innovation: When billers include a one time “SayPay code” on their bills, customers simply speak the code into their mobile banking app without needing to sign in! SayPay biometrically authenticates the customer’s voice, matches the code to the bill, and displays the bill details. Upon review, the customer simply presses “Pay.” SayPay also works for ecommerce checkout, website sign in, P2P payments, step-up authentication, and more. The SayPay code is cryptographically calculated so it can’t be predicted, replicated, reused, or replayed. Further, SayPay uses out-of-band and 3-factor authentication and never provides sensitive financial information.

Product distribution strategy: Direct to Business (B2B), through financial institutions, through other fintech companies and platforms, licensed


Bus. Dev., Press & Sales: Steve Hoffman, CEO, 925-200-6084

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