MoneyAisle.com, which matches consumers with financial services providers according to terms the consumers specify when shopping for savings accounts and other products, has incorporated an application from Andera Inc. that it said will make opening and funding accounts easier.
MoneyAisle tries to match users, who specify the terms they want for savings accounts and certificates of deposits, with banking companies offering products that meet those requests. When it does, the Andera software will enable users to easily open a new account.
Mukesh Chatter, MoneyAisle's president and chief executive officer, said in a press release that allowing "users to seamlessly open and fund their winning accounts provides enormous value to both our users and the banks in our network."
MoneyAisle, which is operated by NeoSaej Corp. of Burlington, Mass., has said it can help small and midsize banking companies attract deposits from people they would be unlikely to reach through other channels.
Andera is based in Providence, R.I.