Cachet Financial Solutions to Present and Exhibit at 2016 RDC Summit This Week in Orlando

Cachet to showcase newly enhanced omni-channel RDC solution to help banks and credit unions seize the small business opportunity


MINNEAPOLIS, Sept. 14, 2016 (GLOBE NEWSWIRE) -- Cachet Financial Solutions (OTCQB:CAFN), a leading mobile fintech provider of cloud-based remote deposit capture (RDC) and mobile money solutions, will present and exhibit at the 2016 RDC Summit in Orlando, September 14-16, 2016.

The 9th annual event, which convenes this week at the Omni Orlando Resort at ChampionsGate, Florida, is the only conference focused on Remote Deposit Capture and its impact on the payments industry. Hundreds of attendees from banks, credit unions, government/regulatory agencies, corporations and solution providers attend to network and learn about the hottest topics facing the RDC industry today.

Cachet’s EVP of Sales, Larry Blaney, will present a session during the conference titled: Small Business RDC Innovations, which will share how financial institutions can seize the small business opportunity with innovative mobile-first RDC solutions. The session will be held on Thursday, September 15, at 2:45pm ET.

Cachet will also showcase innovative, mobile-first technologies to help financial institutions protect their core business and grow market share, including the company’s omni-channel RDC solution, Select Business™ Merchant Capture. The cloud-based software solution 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 newly enhanced solution now offers single sign on for easy login with one set of credentials (user name and password) regardless of channel—desktop or mobile.

“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 many RDC providers offer today.”

Cachet’s omni-channel Select Business helps FIs to better serve all their different business customers with one flexible solution that offers:

  • A unique API-driven business platform that enables integration with an FI’s current treasury system and a single client portal
  • An intuitive user interface for easy navigation between deposits, reports and activities
  • Seamless integration for a consistent user experience across multiple channels
  • Enhanced mobile functionality with multi-check and video deposit capabilities
  • A streamlined workflow simplifying merchant on-boarding and user set up across platforms
  • Comprehensive audit reporting enabling an FI to more easily meet the latest compliance requirements

To learn more about Select Business, visit www.cachetfinancial.com or email info@cachetfinancial.com.

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 largest and most respected financial organizations. With remarkable growth, an impressive client base and award-winning technology, Cachet continues to drive innovation and deliver world-class solutions to financial institutions of all sizes.

Cachet believes that its industry-leading solutions can help the company’s clients increase customer retention and revenue opportunities. Cachet's cloud-based technology platform simplifies development, deployment and servicing of consumer and commercial solutions—minimizing cost and accelerating speed-to-market for Cachet’s clients. Enabled by Cachet's 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. Words such as "may," "likely," "anticipate," "expect" and "believes" indicate forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that 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 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 Annual Report on Form 10-K for the fiscal year ended December 31, 2015, filed with the Securities and Exchange Commission on April 14, 2016, under the heading "Risk Factors" and in the other reports we file with the Commission. You are cautioned not to place undue reliance on 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.


            

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