Then, Cachet Financial launched its CheckReview Solution:
"Our patent-pending CheckReview Solution is a proprietary technology that helps financial institutions to identify potential check fraud by giving them the ability to view and validate the digital image of the check in real time.
In the past, financial institutions could only view a check image after it had been cleared for deposit. By allowing access to the images before clearing, Cachet gives clients greater control in mitigating check fraud."
Product Launched: September 2012
HQ Location: Minneapolis, MN
Company Founded: February 2010
Finovate demo video: finovate.com/fall12vid/ (demo video will be posted next week)
Introducing Larry Blaney (EVP of Sales) and Christopher Ebbert (Chief Information Officer)