OKLAHOMA CITY, Okla. – CUAOk Services, the CU Association of Oklahoma's service corporation, is partnering with Cachet Financial Solutions to offer the company’s Select Mobile remote deposit capture solutions to Oklahoma credit unions.
Cachet's Select Mobile application allows account holders to initiate mobile-deposit sessions on their smartphone or tablet equipped with a two megapixel camera. Making a deposit is as easy as keying in the deposit amount, snapping photos of the front and back of checks and sending it to the financial institution. Select Mobile captures the check and converts it to a high quality image. Before transmitting the images, Select Mobile formats the images and corrects any distortions or skewing and confirms that the images meet industry Check 21 and mobile image-quality standards. All transactions are transmitted with multiple layers of security and, if necessary, can be traced back to registered smartphones in order to combat fraud.
Cachet Financial is based in Minneapolis.
