Payments News
January 28, 2008
CashEdge Reports Account-to-Account Transfer Volumes
In his article on the CashEdge transfer volume announcement Scott Loftesness writes that “CashEdge has announced that it executed more than $38 billion in account-to-account transfers in 2007 – ‘a 300% percent increase over 2006 volume. The transfers were initiated by consumers through CashEdge's money movement solutions that are currently in use at nearly one-third of the top 75 banks in the United States.’"