MINNEAPOLIS, Oct. 30, 2015 (GLOBE NEWSWIRE) -- Cachet Financial Solutions, Inc. (OTCQB:CAFN), a leading fintech provider of mobile money and remote deposit capture (RDC) solutions, will be exhibiting at the 2015 RDC Summit in Orlando. The RDC Summit is the only industry event focused exclusively on RDC and payments. Presented by RemoteDepositCapture.com, the RDC Summit and will take place November 4-6, 2015 at the Omni Orlando ChampionsGate Resort in Orlando, Florida.
Cachet will feature its industry-leading, omni-channel RDC solution at the show. Cachet’s Select Business™ Merchant Capture is a cloud-based RDC software solution that enables financial institutions’ (FIs) merchant customers to electronically deposit checks from their desktops (PC or Mac), smartphones or tablets, eliminating the need to make a trip to the bank or ATM. The platform’s intuitive and user-friendly interface provides merchants with easy navigation between deposits, reports and activities. A streamlined workflow simplifies merchant on-boarding and user set-up across deposit platforms. Comprehensive audit reporting capabilities also enable FIs to more easily meet compliance requirements.
“More and more FIs are choosing Cachet’s revolutionary RDC solution because it works seamlessly across multiple channels—PC, Mac, and mobile—increasing operational efficiencies, reducing handling costs, and mitigating fraud,” said Jeffrey Mack, president and CEO of Cachet Financial Solutions. “It is also unique as a true merchant capture mobile solution, versus a retail mobile deposit solution that has been rebranded as a commercial app, which is what most RDC providers offer today.”
RDC has disrupted the financial services industry and continues to drive mobile banking, branch transformation and operational efficiencies. The RDC Summit brings together hundreds of executives from banks, credit unions, corporate treasury shops, consulting firms and government, to learn about the hottest topics facing the RDC industry today, including Risk Management, Mobile Deposit, Corporate Solutions, the role of RDC in Payments Modernization and more. Organizations presenting and speaking at the RDC Summit this year include the Federal Reserve, ECCHO, Bank of America, SunTrust, U.S. Bank, USAA, Citizens Bank, Keybank, Celent and many other industry-leading organizations.
About Cachet Financial Solutions, Inc.
Cachet Financial Solutions is a leading fintech provider of mobile money and remote deposit capture solutions for PC, Mac and mobile. Founded in early 2010, Cachet has quickly grown into an industry 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.
Forward-Looking Statements
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.