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CashEdge Snapshot
Without CashEdge's online banking software, we'd still be dashing to the bank before closing time, instead of logging onto the Internet in our pajamas. The company's products allow customers of banks and credit unions to apply for and open accounts online, transfer funds, and process payments. Brokerages and asset management firms also use CashEdge to compile data from different accounts (known as account aggregation) such as investment and saving accounts. Clients have included Wachovia, Digital Federal Credit Union, and New York Life. The company was founded in 1999 by CEO Sanjeev Dheer. It has operations in the US and India. CashEdge was acquired by Fiserv for $465 million in 2011.
