Cachet Financial Solutions, a provider of remote deposit capture solutions, has announced a new partnership with Volunteer Corporate Credit Union, or VolCorp, a Corporate Credit Union, to provide mobile remote deposit capture services to their 325 member credit unions.
"The demand for mobile banking solutions, in particular mobile deposit, is predicted to grow exponentially over the next few years," said Jeffrey Mack, president and CEO of Cachet Financial Solutions. "We know that credit unions are uniquely positioned to focus on the needs of their members, and through this partnership with VolCorp more credit unions will be able to capitalize on this major trend and deliver more service and convenience to their members."
Sandy Swofford, Senior vice president of Marketing & Business Development, at VolCorp agrees saying: "Offering our credit union members remote deposit capture (RDC) technology gives them the ability to capitalize on consumer demand for RDC. As consumers in general demand more convenience, VolCorp continually searches for solutions which will provide members with the latest technology to compete in the mobile world. Cachet not only offers a high quality RDC solution, but one that is affordable for credit unions of all sizes."
Cachet's Select Mobile application allows account holders to initiate mobile-deposit sessions on their smartphone or tablet. The deposit technology can be run as a standalone application or integrated into an existing mobile offering, said Cachet.