Consent of Independent Auditors We consent to the reference to our firm under the caption "Experts" and to the use of our report dated November 13, 1998, in the Registration Statement (Form SB-2) and related Prospectus of Internet Financial Services, Inc. for the registration of 1,700,000 shares of its common stock. /s/ Ernst & Young LLP ----------------------- Ernst & Young LLP New York, New York February 4, 1999