Archive for the technology Tag

Holding the Line on Deposit Fraud

Payments is a business fraught with risks, not the least of which is fraud. The possibility that a check or other form of payment used in a transaction might turn out to be fraudulent has been a perennial problem for financial institutions and their customers….

New Prepaid Mobile Platform Adds Functionality, Flexibility to Product Line

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…

Mobile RDC is About More than Just Checks

In just 10 years, remote deposit capture has significantly altered the financial services marketplace. Yet we’ve barely scratched the surface of possibilities RDC creates. By eliminating brick and mortar from the customer service equation, RDC enables an array of synergistic banking and payment products, including…

Supercharging Prepaid Card Programs with Mobile Apps

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…

Prepaid + Mobile + RDC Can Help Banks & Credit Unions Reach Out to Underserved

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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…

This is No Market for Dinosaurs

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Although Americans may be writing fewer checks today than they were 10 years ago, checks are not about to go the way of dinosaurs. In fact, we still write checks totaling $26 trillion a year, according to the Federal Reserve Bank of Atlanta. For financial…

Credit Union Value Prop Grows Stronger with RDC

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Credit unions are well known for their grassroots involvement. And last week executives and board members at credit unions from across the nation brought that activist spirit to Washington for the Credit Union National Association (CUNA’s) Government Affairs Conference (GAC). It was a headliner event,…

RDC and the Art of Survival

Remote deposit capture is the hottest new twist to banking since the introduction of ATMs. With some of the largest banks in the country now onboard with mobile RDC – stoking consumer interest and giving it a cool factor – RDC generally and mobile RDC…

Making RDC a Mac-Friendly Process

Now that the Thanksgiving holiday is behind us, and our year-end rituals kick in (like shopping and budgeting), it seems a good time for reflection and planning. Not just as individuals; reflection and planning is critical to business success, too. This is especially the case…

Over Cautious Bankers May Risk Customer Defections

 I recently had the honor and pleasure of presenting at the McKinsey & Co. payments symposium. This is an event that regularly draws senior level executives from the largest banks in the country. Bankers in attendance were eager to learn about mobile RDC.  Not that…

Cachet Financial Solutions is a leading provider of remote deposit capture solutions for financial institutions, credit unions, and financial service organizations.