Cachet Financial Solutions Announces Successful Completion of a Service Organization Controls (SOC) 2 Examination

MINNEAPOLIS, Feb. 2, 2012 /PRNewswire/ -- Cachet Financial Solutions, a leading provider of commercial and consumer remote deposit capture (RDC) solutions for financial institutions and financial service organizations, recently announced that it has successfully completed a SOC 2 Type II examination relevant to security, availability, and processing integrity, and has been issued a SOC 2 Type II Independent Service Auditor's Report. The report was unmodified, with no findings identified. Cachet's ability to meet the applicable trust services criteria for the principles of security, availability, and processing integrity demonstrates Cachet's commitment to delivering superior products while maintaining the highest standard of internal controls.

SOC 2 is a comprehensive framework (under Attestation Standards (AT) 101 and Trust Services Principals and Criteria (TSP) Section 100) put forth by the American Institute of Certified Public Accountants (AICPA), and geared towards reporting on controls at service organizations. The SOC 2 framework is a specific set of reporting initiatives aimed at helping to clarify, distill, and bring about transparency for reporting on controls at service organizations relevant to security, availability, processing integrity, confidentiality and/or privacy.  

"As a provider of Internet based financial services, we strive to keep our client's data safe by adhering to the highest standards available," said Jeffrey C. Mack, President and CEO of Cachet. "Providing this level of security is part-and-parcel to our whole approach to customer service. We provide strong products, and we back them up with strong security and attention to our client's needs."

About Cachet Financial Solutions

Cachet Financial Solutions is a leading provider of commercial and consumer remote deposit capture (RDC) solutions for financial institutions 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. Cachet's web-based business solution (available for both Mac & Windows operating systems) along with our mobile application (available on iPhones, BlackBerrys, Androids and tablets) provide financial institutions greater freedom and flexibility when providing RDC to their customers. Our industry-leading platform 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.

SOURCE Cachet Financial Solutions

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