Company Overview
CashEdge, a division of Fiserv, is the leading provider of innovative payments and aggregation solutions to financial institutions. These include Popmoney person-to-person (P2P) payments, account transfers, account opening and funding, small business invoicing and payments, and financial account aggregation.
CashEdge has been the preeminent provider of online funds transfer services to financial institutions for more than ten years and, today, provides its Intelligent Money Movement™ services to hundreds of financial institutions, including the majority of the nation's largest banks. CashEdge’s services are unmatched in depth, breadth, and scalability. The company gathers more than $4.5 billion in new assets each year for financial institution clients through its account opening and funding products and processes nearly $50 billion in online funds transfers annually.
CashEdge’s Intelligent Money Movement™ Platform leverages a unique combination of proprietary software, payment processing, and risk management capabilities. This platform enables CashEdge to rapidly introduce new offerings in response to evolving customer demand.
CashEdge is also the leading provider of aggregation services to the brokerage and wealth management industry. CashEdge's account aggregation service, AllData, provides brokerages, wealth management firms, and financial advisors with access to the most reliable, comprehensive, and holistic view of a client’s financial portfolio available, facilitating better financial guidance and asset allocation and enabling the opportunity to increase assets under management.
CashEdge products are delivered in a Software as a Service (SaaS) model. This enables CashEdge to provide its money movement applications to its clients as a hosted solution via the Internet, eliminating the need for clients to install and run the application on their own computers. This model ensures that CashEdge clients do not bear the burdens of software maintenance, ongoing operation, or support.
The company was founded by Sanjeev Dheer in 1999 and was acquired by Fiserv in 2011. The Company is headquartered in New York City with offices in Silicon Valley and India.