The Los Angeles-based bank has been a leading provider of RDC since 2006 and will extend their offering to Mac-based small businesses using Cachet's RDC Select, featuring the Panini I:Deal - the first RDC solution to offer native support in a Mac environment along with true MICR check capture.

With approximately 25% of their clients using Mac solutions, the bank was aggressively searching for a RDC solution for this growing segment. "This financial institution is the first to offer a complete RDC solution to all their customers, including Mac users," said Jeffrey Mack, President and CEO of Cachet Financial Solutions. "By utilizing the Panini I:Deal scanner and Cachet's Select Business Mac solution, the bank will be able to offer their Mac customers all the benefits of remote deposit capture that PC owners currently enjoy."

The bank's Senior Product Manager will join Panini and Cachet at the NACHA Payments Conference next week in Austin, TX to discuss the solution. "It's a very unique opportunity for attendees to interact directly with one of the industry's pioneers in this space," notes Michael Pratt, Chief Marketing Officer, Panini. Conference attendees can receive a demonstration of the solution and speak with the bank at the Austin Convention Center on the following days/times:  

Cachet's industry-leading, patent-pending RDC SelectTM platform for Mac operating systems is a Web-based solution that allows financial institutions greater freedom and flexibility when providing RDC to their Mac customers. RDC SelectTM is more efficient for end users and more cost-effective with reduced requirements for internal support from financial institutions. Cachet's software solution enables merchants to process checks in a single pass, validate their authenticity and forward items to financial institutions for digital deposit, eliminating the costs associated with manual deposit processes.

The Panini I:Deal, designed specifically for small business RDC, is Cachet's preferred check scanner offered with RDC SelectTM. The scanner utilizes patented technologies to deliver capabilities critical for RDC success including high quality dual-sided image capture, document franking, and advanced reading technologies in the areas of MICR and OCR. Additionally, through self-adjusting capabilities, the Panini I:Deal provides an optimal user experience in the wide variety of environmental conditions encountered in small business RDC implementations.