September 23, 2008
CashEdge and RSA join forces for online money movement risk management solution
Online financial applications provider CashEdge teams up with business security solutions provider RSA to deploy the latter’s RSA Identity Verification knowledge-based authentication system in order to expand the risk management capacities of its online money transfer services.
CashEdge is to employ the RSA Identity Verification to approve and fund a new account in one single session, be it a customer, credit union or brokerage account. The RSA knowledge-based authentication system provides real-time identity assurance through an interactive question and answer process which leverages information drawn from public record databases. This means that without any prior relationship to the users who attempt to conduct a funds transfer, confirmation of identity can be achieved within a very short interval.