Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Products
VolCorp teams with Cachet for mobile RDC
MINNEAPOLIS and NASHVILLE, Tenn. (1/28/13)--Volunteer Corporate FCU has partnered with Cachet Financial Solutions to provide mobile remote deposit capture (RDC) services to VolCorp's 325 member credit unions.

The application allows credit unions' account holders to initiate mobile-deposit sessions on their smartphone or tablet by snapping a photo of an endorsed check and submitting it for processing.

Before transmitting the images, the Minneapolis-based Cachet formats the images, corrects any distortions or skewing and confirms that the image meets industry Check 21 and mobile image-quality standards.  All transactions have multiple layers of security, said Cachet Financial Solutions.

"As consumers in general demand more convenience, VolCorp continually searches for solutions that will provide members with the latest technology to compete in the mobile world," said Sandy Swofford, senior vice president of marketing and business development at VolCorp. "Cachet not only offers a high quality RDC solution, but one that is affordable for credit unions of all sizes," Swofford added.


RSS





print
News Now LiveWire
Registration lottery for #CreditUnion #CherryBlossom Ten Mile Run opens Monday, Dec. 1 http://t.co/AGkKPof5Fy. Race is April 12
17 hours ago
The turkey hasn't even been served and #creditunions are already making plans for #GivingTuesday
18 hours ago
.@bankofamerica's $16.65 billion 'toxic mortgage' settlement finalized http://t.co/BIq1QyImXG
20 hours ago
RT @CUNA: #NussleReport: ICYMI: Revised RBC proposal in January w/a 90-day comment period #Fix RBC http://t.co/T4JcvWBDse
22 hours ago
.@TheNCUA release on Nov. prohibition orders out already. Here: http://t.co/YkA1QIYbYa
22 hours ago