Here at Cachet, remote deposit is our core product. Our success at this is demonstrated every day by innovative companies like the Ingo Money Network, the Simple mobile bank, the H&R Emerald card, and Yellow Pepper Mobile, a mobile pioneer in Latin America. Now we…

Prepaid debit card adoption is flourishing as more and more Americans look for alternatives to traditional bank accounts. Last year Americans loaded nearly $200 billion onto prepaid debit cards, and year-over-year growth continues at a healthy clip. Unfortunately, prepaid cards have not been a great…

Bankers for years have operated under the assumption that “if you build it they will come.” ATMs are one example; credit cards are another. ATMs didn’t gain any significant traction until banks started networking the machines, in the early 1980s. As for credit cards, even…

Fast service has become a staple of American life. We’re accustomed to fast in-and-out foods, prescriptions, car washes, and, of course, fast cash access via ATMs. So why not fast in and out check deposit? That’s the thinking behind the unveiling of “Ingo – the…

As the ranks of young Americans, driven by economic forces, shun banks and credit unions in favor of alternative financial services providers (like check cashing and prepaid card programs), they create a deep impact on the existing financial services marketplace. If finanial institutions fail to…

Are checks taking a back seat to prepaid debit cards? Maybe not in all circumstances but there’s an obvious trend away from checks and toward prepaid cards. The consulting firm Aite Group recently reports that the market for prepaid debit cards (including payroll cards) is…

Depositing money into a financial institution should be simple. But for many Americans that simply isn’t the case. “Bankers hours,” inconvenient locations, and draconian fee structures are just a few of the things that have sent legions of Americans looking for alternatives to banks and…

Last week in Las Vegas the odds were favorable for emerging payments and other financial services, as anyone with a stake in the future of money was there attending the Money2020 Expo.  This sold-out event – the first of its kind – attracted innovators in…

It’s sounds incredible, but it’s true: in 21st Century America more than one in four households is either unbanked or underbanked, according to the Federal Deposit Insurance Corporation’s (FDIC) latest national survey. In addition, the ranks of the unbanked and underbanked are growing; the FDIC’s…

As many of you know, Finovate Fall, the financial technology showcase, was held last week in New York City. Cachet was honored to be among the 63 companies that were chosen to demo their unique financial technology innovations. (For more information on our product, CheckReview™,…