BNET Industries

Last Fiscal Year Sales:$17.4M
  • Private
  • US
Dow Jones Description

CashEdge provides innovative, online financial applications for banks, credit unions and wealth management firms. CashEdge's solutions include end-to-end online account opening and funding, funds transfer and data consolidation. These proven solutions are flexible, scalable and supported by extensive risk management capabilities. With CashEdge, financial institutions are able to create compelling online offerings that attract customers, generate revenues and reduce costs. CashEdge serves over 450 financial institutions in North America including four of the top ten banks. CashEdge has offices in New York, Silicon Valley and India.

CEO & President
Sanjeev Dheer
Number of Employees 20
Contact Information

215 Park Avenue South

Suite 1300

New York, New York 10011

www.cashedge.co...

212-656-9000

NAICS Code Computer and Software Stores: 443120

Recent Events

  • American Express to enter market for online payments

    11/19/09 - Joint Venture / Alliance - View Story

  • CashEdge Launches Self-Service Financial Account Aggregation Solution for Advisors

    11/06/09 - Product Announcement - View Story

  • CashEdge and Firethorn to Launch Integrated Mobile Person-to-Person Payments Solution for Financial Institutions

    11/03/09 - Product Announcement - View Story

  • CashEdge Launches Enhanced Version of AllData Advisor - the Industry's Leading Account Aggregation Solution for...

    10/08/09 - Product Announcement - View Story

  • CashEdge launches P2P payment service for mobile/online bank customers

    7/17/09 - Product Announcement - View Story

  • CashEdge Launches Bank-Centric P2P Payments Service

    7/02/09 - Product Announcement - View Story

  • CashEdge Launches POPmoneyTM - the First Person-to-Person Payments Service for Banks

    6/23/09 - Product Announcement - View Story

News & Analysis

cashedge inc. - All News and Analysis

  • A2A Transfers Start To Take Off, Study Says

    - 2008-03-24

    The growth in online account-to-account transfers, using PCs, cellphones and PDAs, is evident in new data from CashEdge, which reports customers at financial institutions using its services executed more than $38 billion in transfers in 2007, a 300% increase over 2006. “We are transferring tens of millions of dollars...

    Tags: Cashedge Inc.

  • CashEdge Is Granted Patent

    - 2008-02-18

    CashEdge has been awarded a U.S. Patent for its method of executing an electronic funds transfer, which allows individuals to transfer funds between accounts housed at different financial institutions and to fund new accounts. The method allows for the use of a third-party financial management system to withdraw assets from...

    Tags: Cashedge Inc.

  • Yodlee and CashEdge Reach Settlement Agreement Resolving Patent Litigation

    - 2007-09-27

    REDWOOD CITY, Calif. & NEW YORK -- Yodlee, Inc. and CashEdge Inc., today announced that they have reached a settlement agreement resolving the patent litigation between them in the United States District Court for the Northern District of California. CashEdge has agreed to pay Yodlee for a license to...

    Tags: Cashedge Inc.

  • Principal Bank Launches Online Money Transfer

    - 2007-08-02

    A few clicks will move money between Principal Bank and other financial institutions - anytime, anywhere DES MOINES, Iowa -- Got a kid in college or an aging parent living far away from you? What do you do when they run into unexpected expenses and you need to send...

    Tags: Cashedge Inc., Principal Bank

  • Now In The Market

    - 2007-05-14

    PFCU Adds Shared Services PEMBROKE PINES, Fla.-Power Financial Credit Union has added shared services at five more Miami-Dade county branches. Members affiliated with other local credit unions can enter any of the Power Financial branches now offering shared services and conduct a range of transactions including, check...

    Tags: Cashedge Inc.

Decision Makers

Name (plus bio) Position
Sanjeev Dheer CEO & President
John J. Rogers Chief Financial Officer
Paul Grantham Chief Operating Officer
Amir Sunderji Vice President, Risk Management & Payment Operations
Chuck Tremblay Vice President of Client Integration
David Cooper Vice President of Engineering
Deborah Kovacs Vice President, Product Management
Jeremy Sokolic Vice President, Marketing
Matt Rouse Vice President, Operations
Neil Platt Vice President of Sales and Account Management
Steve Zorn Vice President of Customer Support

Sanjeev Dheer co-founded CashEdge in 1999 and oversees all corporate strategy, implementation and direction for the company. He has more than 10 years of experience serving the financial services industry. Prior to starting CashEdge, Mr. Dheer was a partner at McKinsey & Company where he served financial institutions on a range of strategy and operational issues and was a leader of the firm's global e-commerce practice. Previously, Mr. Dheer worked as a systems analyst and IT consultant at the United Nations Development Program. Mr. Dheer earned an MBA from Stanford Business School, where he was an Arjay Miller Scholar, and an MA in History from St. Stephen's College, University of Delhi.

Organization Position Status
Cashedge, Inc. CEO & President Current
Cashedge, Inc. Cashedge's President and Chief Executive Former
Cashedge, Inc. Co-Founder Former
McKinsey & Company, Inc. Partner Former
McKinsey & Company, Inc. Leader,Global E-Commerce Practice Former
Stanford Graduate School of Business Mba Former

John Rogers is responsible for overseeing and driving the financial, accounting, tax and treasury functions at CashEdge. He is a senior executive with more than 20 years of financial strategy and management experience within growth oriented international technology organizations including publicly held companies and start-up ventures. Most recently Mr. Rogers was the Chief Financial Officer, North America at LogicaCMG, a major international organization in IT services and wireless telecoms. Previously, he was the senior vice president and chief financial officer at Celox Networks, a network routing and IP service products company. His prior roles include executive and senior level management positions with ScanSoft, PADS Software, Cognex Corporation, Waters, and Bolt, Beranek and Newman. Mr. Rogers received his BS in Accounting from Bentley College and earned his CPA license while working at PricewaterhouseCoopers.

Organization Position Status
Cashedge, Inc. Chief Financial Officer Current
Cognex Corporation Current
Pads Software, Inc Current
Bentley College Bs In Accounting Former

Organization Position Status
Cashedge, Inc. Chief Operating Officer Current

Amir Sunderji is responsible for risk management and payment operations at CashEdge. He has 15 years of experience in the financial services industry. Prior to joining the team, Mr. Sunderji was with BarterTrust.com, a business-to-business barter exchange, where as chief credit officer he led the risk and economy management efforts. Previously, he was vice president of risk management and credit policy at Advanta Business Services, a subsidiary of Advanta Corporation. Mr. Sunderji also directed risk management efforts for Mercedes-Benz Credit Corporation's $8 billion portfolio. Before that, he held a number of positions at HSBC in audit and risk examination, capital markets and consumer finance, and was vice president of risk management for a $4 billion portfolio. Mr. Sunderji earned an MBA in Finance from the University of Dar-es-Salaam in Tanzania and a BS in Accounting from the University of Poona in India.

Organization Position Status
Cashedge, Inc. Vice President, Risk Management & Payment Operations Current
Advanta Corporation Vice President of Risk Management Former
Advanta Business Services Vice President of Risk Management Former
HSBC Auto Finance Former
University Corp. Master of Business Administration, Finance Former

Chuck Tremblay is responsible for the Professional Services organization at CashEdge, which manages the implementation of CashEdge products and services for customers and integration with customer systems. Mr. Tremblay has more than 15 years of software development, implementation and integration experience. He was recently the director of Account Services for WebMD, where he was responsible for all private portal implementation, integration projects, and the follow-on account management. At Accenture-owned SYSTOR AG and ANDERSEN LLP he managed systems implementation and reengineering project teams. Mr. Tremblay graduated magna cum laude from Southern Oregon State University with a BS in Business Administration and a minor in Computer Science.

Organization Position Status
Cashedge, Inc. Vice President of Client Integration Current
Andersen Corporation Former
Oregon State University Bs In Business Administration Former

Organization Position Status
Cashedge, Inc. Vice President of Engineering Current
Strathclyde University BS Former

Deborah Kovacs is responsible for product design and implementation. She has spent most of her career developing software for the financial services industry and has more than 20 years of experience in information technology and enterprise software management. Prior to joining CashEdge, Ms. Kovacs served a variety of technology companies including Sanchez Computer Associates, now part of Fidelity Information Services. As Senior Vice President of Product Management at Sanchez she managed a team of 120 people and was responsible for building and managing all product development functions. Ms. Kovacs received a BS in Information Systems from Carnegie-Mellon University.

Organization Position Status
Cashedge, Inc. Vice President, Product Management Current
Sanchez Computer Associates, Inc. Vice President of Product Management Former
Carnegie Mellon University Bs In Information Systems Former

Jeremy Sokolic is Senior Vice President of Marketing and Product Management. He has more than 15 years of experience in financial services and technology. Prior to joining CarryQuote, Mr. Sokolic served as both Vice President of Product Management and Vice President of Marketing for CashEdge Inc., a financial services technology company that provides money movement and data consolidation services to banks, brokerages, and wealth management firms. During his tenure at CashEdge, Mr. Sokolic built the product management and marketing organizations from scratch, taking the company from pre-revenue to over $40 million in sales. Previously, Mr. Sokolic was an Associate and Business Analyst at McKinsey & Company, where he served a range of clients in the areas of healthcare and financial services and an Associate with Atlantic Medical Partners, a private equity investor. Mr. Sokolic received an MBA from Columbia Business School and a BS in Economics from the Wharton School, University of Pennsylvania

Organization Position Status
Carryquote Ag Senior Vice President Marketing and Product Management Current
Cashedge, Inc. Vice President, Marketing Current
Storahtelling Secretary Current
McKinsey & Company, Inc. Associate and Business Analyst Former
Columbia Business School MBA Former
The Wharton School of the University of Pennsylvania Bs In Economics Former
Wharton Graduate School of the University of Pennsylvania BS In Economics Former
Solomon Schechter Day School Former

Organization Position Status
Cashedge, Inc. Vice President, Operations Current
NetsWork Inc. president Former
Neoforma Inc. director of operations Former
Hewlett-Packard Company member Former
California State University MS in Management Information Systems Former
University of California BA in Business Economics, Management Former

Neil Platt is responsible for all sales, marketing and business development at CashEdge. He has more than 10 years of experience in the financial services industry. Prior to joining CashEdge, Mr. Platt was vice president and senior analyst at Scott's Cove Capital Management, an affiliate of Fleming Asset Management, where he was responsible for investing in distressed companies, turnarounds, and special situations. Previously, he was an engagement manager with McKinsey & Company, where he served financial institution clients on a variety of strategic and operational issues. Mr. Platt received an MBA from Columbia Business School, where he was a Samuel Bronfman Fellow, and a BA from Princeton University.

Organization Position Status
Cashedge, Inc. Vice President of Sales and Account Management Current
Scott's Cove Capital Management Vice President and Senior Analyst Former
McKinsey & Company, Inc. engagement manager Former
Columbia Business School Mba Former
Princeton University Ba Former

Steve Zorn is responsible for overseeing customer care including customer support, the customer help desk, and training at CashEdge. He has more than 11 years of experience in the financial services industry. Previously, Mr. Zorn was VP of Professional Services. Prior to joining CashEdge, Mr. Zorn was director of marketing at Teknowledge Corporation where he was responsible for marketing activities that primarily included product management, channel partner management, and outbound PR activities. Previously, he worked for Edify Corporation's Internet Banking team as a principal project manager for new customer implementations. Before that he held a variety of positions in IBM's Global Services Financial and Utilities sectors. Mr. Zorn received MBA and MS Computer Science degrees from Santa Clara University and a BS in Electrical Engineering from Duke University.

Organization Position Status
Cashedge, Inc. Vice President of Customer Support Current
MediaOne President Former
MediaOne Group Chief Financial Officer Former
MediaOne Group Executive Vice President Former
Teknowledge Corporation Director, Finance Sys Marketing Former
Edify Corporation principal project manager Former
McDonnell Douglas Corporation Former
US WEST, Inc. Former
Santa Clara University Mba and Ms Computer Science Degrees Former
Duke University Bs In Electrical Engineering Former
advertisement
advertisement