MINNEAPOLIS (9/18/12)--Cachet Financial Solutions, a provider of remote deposit capture (RDC) solutions, has formed a partnership with Millennial Vision Inc. (MVi), a document management provider and reseller, to offer mobile remote deposit to credit unions.
Through the partnership, MVi will offer Cachet's Select Mobile application to existing and future credit union clients.
Cachet's Select Mobile product will allow MVi's credit union clients to offer RDC to their members with a smart phone or tablet. Members will be able to conduct banking remotely by taking a picture of their check and sending the information to their credit union via their mobile device. All transactions are transmitted in real time with multiple layers of security and, if necessary, can be traced back to registered smartphones to combat fraud.