MINNEAPOLIS, Nov. 29, 2016 (GLOBE NEWSWIRE) -- Cachet Financial Solutions, Inc. (OTCQB:CAFN), a leading mobile FinTech provider, has completed the rollout of a major upgrade of its award-winning Select Mobile™ Money prepaid mobile platform. Select Mobile Money supports prepaid card program providers and distributors by providing a feature-rich companion app for iOS or Android mobile devices, multi-language support, advanced functionality and industry-leading banking services, as well as easy online card enrollment for the platform's express card program. Powerful back-end analytics can segment users based on behavior, enabling relevant push notifications and in app marketing messages that keep users engaged. The latest version of Select Mobile Money features new multitenant capabilities that allow card program managers to deploy uniquely branded mobile apps for each of their card programs, quickly and easily. Configuration of each app is performed through the platform's new administration web portal. Through the portal, Cachet clients can now immediately design apps and view the branding and customization of their mobile app as it is created. The ability to immediately create, view and approve the online design reduces the design cycle from 2-3 months to as little as 2 hours or less. This new self-service capability helps speed time-to-market and dramatically reduces development and deployment costs. The enhanced Select Mobile Money platform also now offers a fully-integrated, seamless and secure international money transfer capability powered by Viamericas' Vianex Money Transfer-as-a-Service (MTaaS). Single sign-on and complete transaction histories allows users to easily make repeat transactions with previously saved recipients. Nearly all of Cachet's major white-label Select Mobile Money clients have completed the platform upgrade or have committed to do so, including Pawn America's CashPass, FirstView Financial, and LSC, among others. "Leading card providers partner with Cachet because we offer the most advanced and complete package tailored for the mobile money industry, ranging from easy integration to a full set of intelligently-designed features and functionality," noted Jeff Mack, president and CEO of Cachet Financial Solutions. "These new capabilities and features reflect we've been listening carefully to user feedback and requests, and we can now offer a much stronger value proposition to any business looking to start a prepaid card program."