September 29, 2009
Finovate2009 – Afternoon Session 1
CashEdge – Sanjiv Dheer, CEO
- 650 bank customers, including 7 of the top 10
- Introducing POPMoney, a P2P payment service that can be deployed from an online banking site
- Can send money to any email address or mobile phone number
- Recipient of funds receives email with co-branding from sender's bank. If recipient's bank uses POPMoney, recipient can collect funds at his online banking site. If not, can register inbound account at the POPMoney site.
- Four banks have been signed and will be implemented by year-end