Click here to view the video on YouTube.

Click here to view the video on YouTube.

Click here to view the video on YouTube.

Click here to view the video on YouTube.

The team at Cachet was great! What really stood out was their accessibility and responsiveness during the implementation process. Any issue or concern was answered promptly and professionally.

Our product launch was a big success – everything went smoothly, on time and with no last minute problems. Our members’ response to the mobile deposit product has been awesome. They’ve been using it every day since launch, and we look forward to continued growth.”

-Matt Lasiuta, VP of Operations

We’ve been impressed with the product itself and the reception it’s received from our members. The integration between Access Softek’s platform and Cachet’s mobile deposit technology surprised us with the level of customization; we were able to craft our solution to meet our member’s unique needs.

And our members appreciate this; the growth and usage of our app has greatly exceeded our expectations. The volume of deposits from our mobile channel is higher than some of our teller lines, and with just one person able to process those deposits, we can be much more efficient.

We launched our mobile deposit solution just weeks after a large, national bank. We’re proud to be operating at that level – it’s given us a real competitive advantage in our community.”

-Mike McWethy, COO

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- Download PDF – Cachet integrates mobile deposit technology into mobile banking platform for Texas Trust Credit Union -

MINNEAPOLIS, Minn. – April 2, 2013 – Cachet Financial Solutions, a leading provider of remote deposit capture solutions (RDC), is pleased to announce that Texas Trust Credit Union has launched Cachet’s mobile deposit technology within their mobile banking application – making deposits easier and more convenient for their members.

By integrating Cachet’s Select Mobile™ Deposit technology into the Texas Trust mobile application (platform developed by Access Softek), members can deposit checks with just a few clicks from most Android™ or Apple® smartphones and tablets. Members simply endorse the check, snap photos of the front and back, and submit for processing.

“We are excited to partner with Texas Trust Credit Union in making mobile deposit available to their members,” said Jeffrey Mack, President and CEO at Cachet. “Mobile deposit continues to be the most requested feature for mobile banking, and by meeting the needs of members now, Texas Trust has the opportunity to gain a significant competitive advantage as more consumers adopt these services.”

Texas Trust is able to manage their mobile deposit program using Cachet’s patent-pending CheckReview™ solution, which allows operators to view and approve high quality check images in real time. Administrators can set volume and velocity limits including the number of checks and maximum amount that can be deposited per day. Texas Trust has also implemented an instant good funds model with the first $2,500 deposited per day available immediately upon deposit acceptance.

“Mobile deposit is about convenience for our members,” said Jim Minge, president of Texas Trust Credit Union. “With mobile deposit, members have the ability to make deposits anytime or anywhere and can feel safe knowing their transactions are handled securely. And without needing to visit a branch or ATM to make a deposit, they save valuable time and energy.”

– Download PDF – Cachet integrates Premier Mobile Check Capture Solution for Prepaid Card Programs Available for Banks, Credit Unions and Financial Service Organizations  –

MINNEAPOLIS, Minn. – February 26, 2013 – Cachet Financial Solutions, a leading provider of remote deposit capture solutions (RDC), is pleased to announce their participation at the 8^th Annual Prepaid Expo, March 4-6 in Orlando, Florida. Cachet will be exhibiting at booth #527 and will be featuring their premier mobile check capture solution, Select Mobile™ Prepaid, for banks, credit unions, and financial service organizations with prepaid card programs.

A November 2012 study by American Banker identified prepaid cards as one of the largest growing trends in financial services, confirming the trend of prepaid card growth across the industry, beginning with “non-traditional” financial providers in 2010. In response, banks and credit unions are beginning to evaluate and offer prepaid cards, including general-purpose reloadable programs.

“The growth of prepaid in the past year was incredible,” said Jeffrey Mack, President and CEO at Cachet Financial Solutions. “Cachet take’s pride in adapting our services to meet evolving market needs, and we wanted to extend the convenience of mobile capture to the prepaid industry. We were the first to introduce a comprehensive, mobile loading application for the prepaid market in 2011, and the response to this product from all players has been tremendous.”

Cachet’s Select Mobile Prepaid solution is tailored to the prepaid industry with a patent-pending interface-flow that includes an intuitive user interface, fee disclosures/acceptance, and location services, and the ability to provide Instant Good Funds through a fully-integrated check guarantee partner. Cachet’s solution can be offered as a stand-alone application or integrated into an existing mobile banking platform and is customizable for banks, credit unions, and other financial service providers.

“We look forward to attending the Prepaid Expo as an occasion to exhibit our solution, but also as an opportunity to learn more about the market and discuss new ideas with our partners, clients, and other attendees, “ said Mack. “We invite all attendees to visit us at booth 527 to engage with us on the future of prepaid and learn more about our solutions.”

– Download PDF – Cachet integrates mobile deposit technology with mobile banking platform from CU Mobile Apps – 

MINNEAPOLIS, Minn. – February 5, 2013 – Cachet Financial Solutions, a leading provider of remote deposit capture solutions (RDC), has announced a new integration with CU Mobile Apps, a rapidly-growing provider of progressive mobile banking solutions. The integration between Cachet’s Select Mobile™ deposit technology and CU Mobile Apps’ mobile banking platform enables credit unions nationwide to satisfy the growing consumer demand for increased mobile technologies.

Mobile banking adoption has increased rapidly since its introduction, and the demand for mobile deposit continues to grow. Business consulting firm Bain and Company announced in December 2012 that mobile banking usage in the United States has increased 50% since 2011, and 41% of survey respondents said that using their smart device for remote deposit would be highly valued. Credit unions implementing a mobile solution with remote deposit, like the integration offered through Cachet and CU Mobile Apps will be able to capitalize on these major trends and gain a significant advantage as consumers continue to adopt these services.

“Industry experts have identified mobile banking as the biggest trends for credit unions in 2013 and mobile deposit has long led the list of most desired enhancements to traditional mobile banking,” said Jeffrey Mack, President and CEO of Cachet Financial Solutions. “The CU Mobile Apps solution is already recognized as a leader in the mobile banking world and this integration is exciting because it allows their credit union customers to step further into the mobile revolution.”

Tom Gray, owner-partner of Member Service Solutions (MSS), who offers the CU Mobile Apps products, agrees saying, “We live in an increasingly mobile world, and credit unions are quickly recognizing the demand for mobile products from their members. We pride ourselves on going above and beyond with our mobile solutions, and the ability to offer leading mobile deposit technology through Cachet will be a key differentiator for our credit unions’ mobile initiatives.”

The partnership was driven by a shared emphasis on the needs of credit unions and their members. CU Mobile Apps’ forward-focused design enables credit unions to smoothly integrate new features, like mobile deposit, as they are developed. For members, making a deposit is fast and easy. They simply snap photos of their endorsed check and submit them for processing. Cachet’s solution formats the images, corrects any distortions or skewing, utilizing Mitek’s patented technology, and confirms that the images meet industry, Check 21, and mobile image-quality standards.

“CU Mobile Apps provides a robust, flexible and affordable solution with a high level of customization and control for the credit union,” said Kevin Harrigan, Vice President of Sales and Strategic Alliances at Cachet. “Integrating Cachet’s mobile deposit solution makes this a very attractive solution for those interested in expanding their mobile offering.”

About Member Service Solutions, LLC
Member Service Solutions, LLC is a respected provider of insurance and financial solutions for credit unions and financial institutions. Additional information is available at www.cumobileapps.com and www.memberservicesolutions.com, or by calling (800) 537-9035, Ext. 105.