Cachet Financial Launches New Website

MINNEAPOLIS, Dec. 1, 2011 /PRNewswire/ --Cachet Financial Solutions, a leading provider of remote deposit capture (RDC) products, announced today that it has redesigned and upgraded its website in order to accommodate the growing number of partners searching for remote deposit and check-cashing solutions. The existing site has been replaced with a newer, more robust portal that allows visitors a more thorough explanation as to how Cachet Financial helps financial organizations streamline remote deposit and check-cashing solutions for their own customers.

Cachet has been a leading provider of RDC for banks and credit unions for a number of years but has recently taken a leadership role in the growing market for mobile check cashing and reloadable prepaid cards, which traditionally serve lower- to-mid income consumers and a large portion of the unbanked, under-banked and under-served population in the United States. With a variety of products and solutions to offer – and a growing list of possible partners with which to serve – Cachet Financial decided a website upgrade was necessitated.

"Cachet is one of the few companies that understands the dynamics of the RDC business and the mobile check cashing industry," said Jeffrey Mack, President and CEO of Cachet Financial Solutions. "In addition to the Banks and Credit Union industries we have always served, we have become a leader in the Financial Service Organization industries with RDC solutions tailored specifically for their customers. The industry and demand for the solutions we provide has grown tremendously in ways that we could not have imagined two years ago.

"Our new website reflects our strategy which is to create strategic partnerships with financial institutions, including banks, credit unions, prepaid card program managers, processors, check cashers and guarantors/loaders. We believe there is a great opportunity in each of these niches and we're poised to take the lead in many of them," he said.

About Cachet Financial Solutions

Cachet Financial Solutions is a leading provider of commercial and consumer remote deposit capture (RDC) solutions for financial institutions and service organizations and their customers. RDC Select™, our fully integrated, customized solution, is a unique platform that eliminates the need for financial institutions to build and manage their own RDC business. Our industry-leading software platform, developed to run on both Windows and Mac operation systems, has been designed to simplify the process for delivering, implementing and servicing RDC. Cachet's sophisticated marketing strategy and professional sales training program ensures our customers are successful with their RDC initiatives. Let us help you unleash the power of RDC. For more information call 877.318.4449 or visit www.cachetfinancial.com. 952-698-6952

SOURCE Cachet Financial Solutions

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