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ClairMail reaches agreement with CashEdge
Apr 27, 2010 (Datamonitor via COMTEX) --
Mobile banking and payment service provider ClairMail has entered into an agreement with CashEdge, a provider of Intelligent Money Movement services, to provide financial institutions with connectivity to CashEdge's Popmoney through the ClairMail platform.
As a result of the relationship, ClairMail customers will have the ability to provide consumers with a secure mobile banking and P2P payments experience.
Through the integration with ClairMail's platform, the two companies will enable financial institutions (FIs) to offer their customers the ability to send payments by using the email address or mobile phone number of the recipient. Each FI can custom brand the Popmoney mobile experience, which provides consumers the security of using a service offered directly from their bank.
Neil Platt, senior vice president and general manager of US banking business at CashEdge, said: "With the increasing adoption of smarter mobile devices, consumers are looking at the mobile channel to move money and take more control of their finances through richer engagement with their financial institution. By teaming with ClairMail, we are able to broaden the scope of our reach and increase usage of Popmoney by integrating across its deep customer network."
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