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BECU Selects CashEdge Inter-Institution Transfer Solution

Monday 11 July 2005 00:55 CET | News

CashEdge has successfully implemented its inter-institution transfer solution for BECU (www.becu.org), the sixth largest credit union in the United States. CashEdge’s TransferNow solution is available to BECU’s more than 400,000 members.

TransferNow enables BECU members to securely transfer money any time, to or from accounts at over 20,000 banks and brokerages. Supported by CashEdge’s comprehensive risk management capabilities, TransferNow verifies ownership of external accounts, and moves funds in a risk-managed fashion via the ACH network. TransferNow is available for financial institutions as a stand-alone solution or as part of CashEdge’s comprehensive Bank, Credit Union and Wealth Management Suites.


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Payments & Commerce