Silver Bullet - Press

Cachet Financial Solutions Chooses Silver Bullet’s Ranger® As Its Check Scanning Portability Strategy

PENSACOLA, FL., September 1st , 2016 –Silver Bullet Technology Inc., the foremost expert in check scanner interfaces and scanner emulation software, announced that Cachet Financial Solutions, Inc. (OTCQB: CAFN), a leading financial technology provider of cloud-based mobile money and remote deposit capture solutions, has selected Silver Bullet's Ranger® API as its portability strategy for the check truncation software products that it provides to financial institutions.

Cachet’s Select Business™ Merchant Capture is a cloud-based software solution that enables banks and credit unions to offer their business customers the convenience of remote deposit capture. Businesses can electronically deposit checks using their office desktop scanners or mobile device, saving the time and cost of a trip to their local bank or credit union to make a deposit.

Ranger® is a software tool designed to allow item processing applications to run unchanged on a wide variety of check scanner types, including those manufactured by Burroughs, Canon, CTS, Cummins-Allison, Digital Check, Epson, MagTek, NCR, Panini, RDM, Seac Banche and Unisys. Software developers enjoy the benefits of a single check scanner interface and the freedom to mix and match check scanner types.

“Integration, flexibility and productivity define our primary product capabilities, and Ranger® is our banner product offering that exemplifies this goal,” says Bryan Clark, CEO of Silver Bullet Technology. “With the launch of Ranger® as its portability strategy for the check truncation, Cachet Financial Solutions has an opportunity to support and enhance their product offering and their customer’s product experience.”

About Cachet Financial Solutions, Inc.
Cachet Financial Solutions is a leading cloud-based, SaaS technology provider serving the financial services industry with mobile money and remote deposit capture solutions for PC, Mac and mobile. Founded in early 2010, Cachet has quickly grown into a technology leader and trusted partner of some of the world’s largest and most respected financial organizations. With remarkable growth, an impressive client base and award-winning technologies, Cachet continues to drive innovation and deliver world-class solutions to financial institutions of all sizes.

The company's industry-leading solutions help clients to increase customer engagement, grow revenues and gain competitive advantage. Cachet's cloud-based technology platform simplifies development, deployment and servicing of consumer and commercial solutions—minimizing cost and accelerating speed-to-market and ROI. Enabled by Cachet's complete suite of business and consumer solutions, financial institutions can better serve the needs of all their customers. For more information, visit www.cachetfinancial.com

About Silver Bullet Technology, Inc.
Pensacola, FL-based Silver Bullet Technology is the foremost expert in check scanner interfaces and scanner emulation software.  Silver Bullet’s Ranger software makes check scanners and ATMs plug-and-play compatible with existing check scanning software applications.  For more information, visit www.sbullet.com.

Ranger is a registered trademark of Silver Bullet Technology, Inc. All other brands and products referenced herein are acknowledged to be trademarks or registered trademarks of their respective holders.

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Media Contacts

Jamille Ellingson
National Account Executive
Silver Bullet Technology, Inc.
(850) 437-5880 x103
Jamille.Ellingson@SBullet.com  

Judy German, VP & CMO
Media Contact
Cachet Financial Solutions, Inc.
952-698-6991
jgerman@cachetfinancial.com