MINNEAPOLIS, Feb. 11, 2016 (GLOBE NEWSWIRE) -- Cachet Financial Solutions (OTCQB:CAFN), a leading provider of remote deposit capture (RDC) and mobile money technologies to banks, credit unions, and alternative financial services providers, will exhibit at the Credit Union National Association (CUNA) Governmental Affairs Conference (GAC) next week in Washington, D.C. to demonstrate how credit unions can leverage advanced mobile technologies to gain competitive advantage and grow their membership.
CUNA GAC, the nation’s biggest credit union advocacy event, brings together advocates on behalf of America's credit unions and more than 100 million members. Thousands of credit union leaders from all 50 U.S. states will gather at the Walter E. Washington Convention Center, February 21-25, to hear from political speakers, network with peers and learn about solutions to better serve their 100 million credit union members nationwide.
Cachet, a mobile fintech pioneer and trusted partner to some of the world’s largest financial institutions, will showcase some of the most advanced mobile technologies available to help credit unions grow their consumer and commercial member base and stay ahead of their competitors:
- Omni-Channel Merchant Capture: Commercial RDC with seamless integration and fraud protection across multiple deposit channels, as well as advanced mobile functionality—including the ability to capture multiple checks in a single mobile deposit.
- Mobile Deposit: Convenient anywhere, anytime consumer deposit via camera-enabled mobile devices enabling credit unions of all sizes to expand their geographic and demographic reach and attract today’s mobile-centric Millennials.
- Mobile Money for Prepaid: Award-winning mobile prepaid platform with option for white label app or turnkey card program, both offering a robust mobile app with a suite of convenient financial services.
- Mobile Account Opening: Easy and secure mobile account opening with photo imaging to minimize cumbersome data entry, improve enrollment rates and enhance the customer/member experience.
“Cachet’s innovative technologies power mobile solutions for many of today’s biggest financial institutions, including the world’s largest credit union,” said Jeffrey Mack, Cachet’s president and CEO. “However, we recognize that mobile is a game changer for many financial institutions, so we’ve developed innovative mobile solutions that are affordable for even the smallest banks and credit unions, enabling them to compete with much larger competitors.”
About Cachet Financial Solutions, Inc.
Cachet Financial Solutions is a leading cloud-based, SaaS technology provider serving the financial services industry with mobile money and remote deposit capture solutions for PC, Mac and mobile. Founded in early 2010, Cachet has quickly grown into a technology leader and trusted partner of some of the world’s largest and most respected financial organizations. With remarkable growth, an impressive client base and award-winning technologies, Cachet continues to drive innovation and deliver world-class solutions to financial institutions of all sizes.
The company's industry-leading solutions help clients to increase customer engagement, grow revenues and gain competitive advantage. Cachet's cloud-based technology platform simplifies development, deployment and servicing of consumer and commercial solutions—minimizing cost and accelerating speed-to-market and ROI. Enabled by Cachet's complete suite of business and consumer solutions, financial institutions can better serve the needs of all their customers. For more information, visit www.cachetfinancial.com.
This press release contains certain statements that would be deemed "forward-looking statements" under Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1933 and includes, among other things, discussions of our business strategies, future operations and capital resources. Words such as "may," "likely," "anticipate," "expect" and "believes" indicate forward-looking statements.
These statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performances or achievements expressed or implied by the forward-looking statements. Forward-looking statements include statements about the anticipated closing of our initial public offering and the number of shares to be sold in the offering.
Forward-looking statements reflect our current views with respect to future events, are based on assumptions and are subject to risks and uncertainties. We discuss many of these risks in greater detail in our Current Report on Form 10K filed with the Securities and Exchange Commission on April 14, 2015 under the heading "Risk Factors" and in the other reports we file with the Commission. Given these uncertainties, you should not attribute undue certainty to these forward-looking statements. Also, forward-looking statements represent our estimates and assumptions only as of the date of this press release. Except as required by law, we assume no obligation to update any forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in any forward-looking statements, even if new information becomes available in the future.
Media Contact: Judy German, VP & CMO Cachet Financial Solutions, Inc. 952.698.6991 firstname.lastname@example.org Investor Relations: Matt Glover or Najim Mostamand Liolios Group, Inc. 949-574-3860 CAFN@liolios.com
Source:Cachet Financial Solutions