August 31, 2007
Principal Bank Partners with CashEdge
Editor Torbjorn Zetterlond writes that CashEdge has been selected by Principal Bank, a member of the Principal Financial Group, to augment its online channel with inter-institution transfer technology. “CashEdge’s online money movement solution permits end-users to transfer funds back and forth between their primary account and their accounts at other institutions, and also to send money electronically to friends, colleagues and businesses on a one-time or recurring basis. CashEdge’s TransferNow technology enables financial institutions to deploy secure online money transfer services that attract new assets and generate new revenue streams. Using TransferNow, Principal Bank customers can transfer money securely to and from family, friends and associates at any of 23,000 banks, credit unions, and brokerages nationwide from their Principal Bank log-in...”