Mission Federal Credit Union deploys Corillian/CashEdge online payments platform

Source: CashEdge

CashEdge, the leading provider of online financial applications, and Corillian Corp. (NasdaqNM:CORI), the top provider of online banking, bill payment and anti-fraud solutions for leading financial institutions, today announced the addition of Mission Federal Credit Union to the group of companies served by their strategic partnership.

As part of their agreement, Corillian integrates CashEdge's TransferNow, and EZSendNow services into the industry-leading Corillian Voyager Internet banking platform. Mission Fed, one of San Diego's premier financial institutions with more than $1.9 billion in assets, is the latest in a series of companies to deliver these integrated online payment capabilities to its members.

"Member relationships are critical to our credit union's success," said Gary Devan, senior vice president of Information Systems at Mission Fed. "The combined capabilities of Corillian and CashEdge empower Mission Fed to offer services that will greatly enhance the online capabilities the credit union offers our members. These solutions facilitate an unparalleled level of service and efficiency to our members, allowing them to utilize their Mission Fed accounts as the hubs of their financial lives."

"Our partnership with CashEdge enables us to deliver enhanced value to our growing customer base through CashEdge's innovative online services," said Alex Hart, president and CEO of Corillian. "We are pleased to expand our relationship with Mission Federal Credit Union and look forward to other opportunities in the market together with CashEdge."

Corillian and CashEdge first entered into a strategic partnership in 2002 to offer CashEdge's Advanced Account Aggregation platform as part of the Corillian Register application on the Corillian Voyager platform. In 2003, the relationship was enhanced to deliver a complete set of secure online payment options including single-session new account opening and funding, inter-institution money transfer, and "EZSendNow" email payments, all through an innovative and enhanced user interface.

"CashEdge and Corillian continue to deliver cutting edge solutions through our combined technology," said Sanjeev Dheer, CEO of CashEdge. "We are very excited about the new partnership with Mission Fed and the ongoing success of our relationship with Corillian evidenced by the numerous financial institutions our two companies serve."

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