On 10th June 2014, leading provider of prepaid mobile money management solutions – Cachet financial Solutions – announced that it had been selected by award-winning, Atlanta-based program manager and processor, FirstView, in order to develop a prepaid mobile app for Firstview’s cardholders.
"After evaluating numerous providers and solutions for enhancing our mobile presence, we chose Cachet because their technology and the application's ease-of-use ensures the best possible customer experience," stated President and CEO of FirstView, Trent Sorbe, in a press release. "We required a mobile experience that preserved our clients' brand and allows for the highest level of cardholder engagement," he added.
- The prepaid mobile application will be built on Cachet's Select Mobile Money platform.
- Cachet's Select Mobile Money prepaid mobile platform is a cloud-based solution that enables financial institutions to offer their prepaid cardholders a complete suite of convenient financial services in one easy to use mobile application.
- Available for iOS and Android systems, the Select Mobile Money platform can be integrated with existing card programs or used to develop a new prepaid card program, complete with feature-rich mobile app and general purpose reloadable prepaid card.
- The mobile application will be branded for each of FirstView's consumer reloadable, payroll, and small business check cashing clients.
- It will also include several convenient services like transaction history, account management, card to card transfer, check to card loading with instant good funds as well as location-based technology to identify nearby reload locations and surcharge-free ATMs.
- The feature-rich mobile application is to be to be implemented this summer.
"FirstView is an industry innovator and long-time partner of Cachet," commented Jeffrey Mack, President and CEO of Cachet, in the same release. "We are very pleased that they have selected our Select Mobile Money platform to help empower their cardholders with a robust mobile solution that offers prepaid consumers maximum freedom and flexibility when managing their money."
FirstView, LLC is a vertically integrated prepaid debit card processor and program manager. FirstView provides turnkey prepaid debit card solutions enabling clients to enjoy all the benefits of operating a fully custom prepaid debit card program, without the compliance risk, overhead and operational burden associated with entering the business directly.
About Cachet Financial Solutions Inc.
Cachet Financial Solutions is a leading cloud-based, SaaS technology provider serving the financial services industry with mobile money management and remote deposit capture solutions for PC, Mac and Mobile (utilizing Mitek's patented image-capture technology). The company says that their industry-leading solutions help clients to increase customer/member engagement, grow revenues and gain competitive advantage.