CashEdge Vision
CashEdge was founded on the belief that consumers and small businesses should have complete control over their money: moving it anywhere they want to and anytime they want to, whether that be to take advantage of high interest rates or to make a casual payment to a friend or family member.
Approximately 71 million people in the U.S. currently use online banking (Gartner), replacing visits to the ATM and the local branch with a few key strokes on their laptops and mobile phones. As online banking has matured, the needs of consumers have evolved from traditional online services such as bill pay and account access, to more sophisticated money movement capabilities such as me-to-me and third-party inter-institution transfers.
CashEdge has been quietly powering this money movement revolution for nearly a decade and the vision of simple, convenient electronic money movement for consumers and small businesses remains the Company’s driving force.
Intelligent Money Movement™ simplifies the electronic payments landscape for financial institutions, consumers and small businesses by providing a single point of access through a financial institution’s online banking portal or mobile application for multiple easy-to-use consumer and small business transfer routes including new account funding, me-to-me transfers, third-party transfers, person-to-person payments and small business me-to-me transfers, employee and vendor payments and invoicing and customer payments. Intelligent Money Movement empowers financial institutions to rapidly introduce new services in response to evolving market demands, helping financial institutions quickly respond to evolving consumer demand for new, easy-to-use money movement capabilities. CashEdge’s Intelligent Money Movement services help institutions manage and mitigate risk with industry-leading risk management capabilities that leverage comprehensive, proprietary technology and the insights gathered from managing money movement risk for the world’s largest financial institutions.
The Intelligent Money Movement Vision:
- It's Convenient - Enables consumers and small businesses to quickly and easily move their money any where they want, anytime they want
- It's Risk-Managed - Leverages CashEdge's industry-leading risk management capabilities that combine proprietary technology with the insights gathered from managing money movement risk for the world's largest financial institutions
- It's Flexible - Provides multiple transfer routes that are easy for financial institutions to deploy and maintain, enabling all the different transfer route use cases that consumers want. Provides end-users with multiple options for when funds are delivered.
- It's Global - Allows consumers and small businesses to move money across the globe as easily as across town
- It's Smart - Enables institutions to configure business rules to address the needs and risk profiles of different customer segments and provides the tools needed to continuously analyze and optimize those rule sets