Cloud-based services include account management, check-to-card fund loading with an option for "instant good funds," card-to-card transfer and international remittance. The customizable app also features location-based technology that can pinpoint nearby ATMs and supports a national mobile coupon network of 150,000 merchants offering local deals. Powerful back-end analytics enable financial institutions to segment customers based on behavior, and send relevant marketing notifications that keep customers engaged. Apple Pay™ and Apple Watch™ integration is also available.Cachet also offers several other consumer mobile financial solutions that provide greater consumer convenience, including: Select Mobile™ Deposit, which saves consumers a trip to the bank or credit union by allowing them to snap a photo of their check deposit and submit electronically via a tablet or smartphone; Select Mobile™ Account Opening, which eliminates cumbersome manual entry on a mobile enrollment form by enabling consumers to take a photo of their drivers license or ID with their mobile device and using the data to auto fill the form; and Select Mobile™ NowPay, which enables consumers to use their mobile device to snap a photo of their check payment and submit electronically versus dropping the payment off at a lender branch office or the post office. "Our easy-to-deploy products and services allow financial institutions to tap into larger, underserved populations without major capital expense or time-to-market," says Jeffrey Mack, president and CEO of Cachet. "The power, flexibility and security of our products has allowed us to become a trusted partner of some of the world's largest and most respected financial organizations." 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. Trademarks are the property of their respective owners.
Forward-Looking StatementsThis 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.
Media Contact:Judy German, VP & CMOCachet Financial Solutions, Inc.email@example.com Investor Relations for Cachet:Matt Glover or Najim MostamandLiolios Group, Inc.949-574-3860CAFN@liolios.com