December 6, 2011
Cachet Financial Solutions Integrates Mobile Deposit Offering with Mobile Banking Application from MEA Financial
RCB Bank Will be First to Add Remote Deposit Feature from this Partnership to its Mobile Banking Application
Minneapolis, MN - December 6, 2011 – Cachet Financial Solutions, a leading provider of remote deposit capture (RDC) solutions, announced today that it has integrated its mobile deposit solution with the Mobile Access mobile banking application from MEA Financial Enterprises, LLC, a national leader in financial services technology. This partnership enables any credit union or financial institution using Mobile Access to deliver mobile deposit capabilities to members and customers using smartphones and tablets. RCB Bank will be the first financial institution to employ the new mobile remote deposit capability offered through this partnership.
“We are very excited about the possibility of mobile deposits,” said Roger Mosier, RCB Bank President and CEO. “We feel this service provides even greater convenience to our customers who choose to use it. Community banks must continue to provide services to an increasingly mobile society.”
The aim of Cachet’s mobile deposit application is to provide the user convenience and simplicity. With the application completely integrated into Mobile Access from MEA Financial, members and customers are offered a seamless experience. Making a deposit is as easy as keying in the deposit amount, snapping photos of the front and back of checks, and submitting them for deposit. The mobile deposit capability is available to any financial institution using MEA Financial’s Mobile Access application to deliver mobile banking to their members or customers.
“Integration with MEA Financial is a great fit for our mobile RDC platform,” said Jeffrey Mack, President and CEO of Cachet Financial Solutions. “Credit unions and financial institutions nationwide will benefit from the turnkey mobile solutions provided by this partnership.”
“The demand for mobile remote deposit among consumers is not limited to those from the largest financial institutions,” said Ed Rhea, co-founder, President and CEO of MEA Financial. “Our partnership with Cachet Financial Solutions will give small and medium sized financial institutions the ability to offer reliable and secure remote deposit capabilities. With our quick and affordable solution, these financial institutions will see increased customer loyalty and a strong competitive advantage.”
About MEA Financial
MEA provides complete software solutions, including mobile banking, to small and medium sized community financial institutions. We leverage their expert knowledge in the industry’s software needs to provide market leading solutions. MEA Financial’s solutions are not only technically advanced, but provide superior functionality, are easy to integrate, and offer enhanced levels of cost efficiency. With these solutions, we work towards the goal of helping our clients grow revenue and gain a competitive edge by enhancing their customers’ satisfaction. More information about MEA Financial can be found at www.meafinancial.com.
About Cachet Financial Solutions
Cachet Financial Solutions is a leading provider of commercial and consumer remote deposit capture (RDC) solutions for financial organizations and their customers. RDC Select™, our fully integrated, customized solution, is a unique platform that eliminates the need for financial organizations 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 organizations 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.