MINNEAPOLIS (8/24/15)--Cachet Financial Solutions Inc., a provider of mobile money technologies, has been selected as the preferred mobile deposit provider for CU Mobile Apps (CUMA), a mobile delivery solution for credit unions.
CUMA is the latest product offering of a continued strategic alliance between ICUL Service Corp. (LSC) and CUNA Strategic Services (CSS). LSC currently provides payment solutions to more than 2,300 credit unions in 50 states. CSS is jointly owned by CUNA and the state leagues.
“Credit unions need comprehensive, customizable and cost-effective mobile solutions to remain competitive as well as attract the next generation of members,” said Karen Duffy, LSC executive vice president/chief operating officer. “CU Mobile Apps, with Cachet’s leading mobile deposit solution, is a powerful mobile platform that gives our credit unions the edge, not only to survive, but to thrive in the new age of tech-savvy members.”
CUMA, integrated with Cachet’s Select Mobile Deposit, heightens two-way communications between credit unions and their members. CUMA encapsulates the credit union’s current banking solution and includes mobile deposit, integrated locator searches, person-to-person solutions, social media, and alert messaging, taking a credit union from an online banking or a mobile-banking tool to a full-service, mobile-branch experience.
Among the many other capabilities, members can view special offers, request loan information or integrate a mobile chat.