Bank Technology News | February 2010 | Rebecca Sausner
Person-to-person transfers are quickly moving from press release material to deployed applications. New York-based CashEdge is making much of the recent news with its rollouts of the service at PNC Bank, FNBO Direct, and First Hawaiian Bank.
In a recent survey, Javelin Strategy & Research found that monthly usage almost doubled from 2008 to 2009, with 44 percent of consumers saying they've initiated an online P2P transfer in the past 12 months.
Continue Reading at BTN
