CashEdge

Cashedge Technology Powers Top Online Banking Innovations Of 2003

Online Money Movement and Account Aggregation Services Contribute to Online Banking Report Awards for Online Resources' MoneyHQ and Citibank's Account-to-Account Transfers

New York, NY - February 10, 2004 —CashEdge, (www.cashedge.com) a provider of secure Online Money Movement and Advanced Account Aggregation platforms, is pleased to announce today that clients Online Resources and Citibank have been recognized by Online Banking Report as delivering two of the top ten innovations of 2003.

The recognized services, Online Resources' MoneyHQ and Citibank's Account-to-Account, are delivered by CashEdge as part of an end-to-end solution that includes front and back-end applications, transaction processing and complete risk management.

“CashEdge can take credit for delivering the technologies behind several of 2003's most impressive innovations,” said Jim Bruene, editor and founder of Online Banking Report . “ Through Money HQ's creative package of premium services and Citibank's launch of the first A2A service from a major U.S. bank, CashEdge is playing an important behind-the-scenes role in the evolution of online banking. ”

T he new Money HQ service, which was recognized as the innovation of the year for 2003, was praised for l everaging technology from CashEdge to combine financial account aggregation, account-to-account (A2A) transfers, bill presentment, person-to-person (P2P) payments, and balance and eBill alerts. Money HQ is currently being rolled out to Online Resources' 600 plus financial institution clients.

Citibank was again honored for its new A2A offering, which has been repeatedly recognized since its launch in the fall of 2003. Earlier this year the service, coupled with other technology enhancements, earned Citibank Forbes' Best of the Web ranking, and the #1 position according to Gómez 's latest Scorecard: “ Top Internet Sites for Q4 2003.” Gómez Scorecards measure the quality of online financial services offerings, ease of use, customer confidence, onsite resources, relationship services and overall cost.

“We are thrilled that our partnerships with Citibank and Online Resources have yielded such fruitful results, and had such a valuable impact on the online banking community ,” said Sanjeev Dheer, CEO of CashEdge. “CashEdge has dedicated itself to delivering the most advanced, state-of-the-art solutions to our partners. The recognition that we have helped to power some of the top innovations available in the industry today is a tremendous endorsement of our technology. ”

About Online Banking Report
Online Banking Report is a 100 percent subscriber-supported, widely read financial-services-industry newsletter that features independent research, statistics, and profit-making tactics for Web banking, electronic payments, and Internet lending. Financial Insite independently publishes the monthly newsletter, which has subscribers in 50 countries. For more information, visit www.onlinebankingreport.com.

About CashEdge

CashEdge^® provides innovative, online financial applications to banks, credit unions and wealth management firms. CashEdge's solutions include end-to-end online account opening and funding, funds transfer, small business payments and invoicing, and data consolidation. These proven solutions are flexible, scalable and supported by extensive risk management capabilities.

CashEdge has been ranked by Inc. Magazine as one of the 500 fastest growing private companies in the United States for two years in a row. In 2007 it was also recognized by the 2007 Deloitte Technology Fast 500 and Fast 50 as one of the nation's 500 fastest growing private companies and one of the 50 fastest growing companies in the New York area, respectively. The company currently serves hundreds of leading financial institutions including four of the top five banks, 23 of the top 100 banks, and 20 of the top 100 credit unions. CashEdge has offices in New York, Silicon Valley and India. For more information, please visit www.cashedge.com.

Contact:
Jennifer Moritz
Zer0 to 5ive
917-748-4006
jmoritz@0to5.com

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