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MINNEAPOLIS, Jan. 26, 2015 (GLOBE NEWSWIRE) — Cachet Banking Solutions, Inc. (OTCQB:CAFN), a arch provider of cloud-based SaaS adaptable money administration technology to banks, acclaim unions and another banking casework providers, appear today that the Navy Federal Acclaim Union (NFCU) Visa® Buxx app, powered by Cachet’s Select Mobile™ Money prepaid platform, has been called as a 2015 Paybefore Award champ in the Judges’ Choice category. For nine years, Paybefore Awards has conferred the best celebrated acceptance of arete in the common prepaid, adaptable and arising payments industry. The awards are presented annually by Paybefore, whose publications are the arch antecedent of industry advice for arising payments executives.

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The NFCU Visa Buxx App was called by a console of bristles industry experts who served as board for this year’s competition, which included entries from about the world.

“We are absolute admiring to accomplice with industry innovator NFCU, to accommodate their Visa Buxx cardholders the best adaptable app possible,” declared Jeffrey Mack, admiral and CEO, Cachet Banking Solutions. “Recognition for our prepaid adaptable technology belvedere by the celebrated Paybefore Awards is validation of Cachet’s adherence to carrying arch bend technologies that aftermath after-effects for our clients.”

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“This year’s Paybefore Awards accept approved already afresh that payments companies are committed to active out the inefficiencies of banknote and checks, while additionally accretion amount for audience and end users,” said Loraine DeBonis, Paybefore editor-in-chief and armchair of the anticipation panel. “We’re appreciative to admit Cachet Banking Solutions, Inc., Navy Federal Acclaim Union and Visa Inc. for their contributions to advancing cyberbanking payments and banking services.”

NFCU Visa Buxx, a apprentice geared program, uses Cachet’s Select Adaptable Money prepaid adaptable appliance to appearance balances, appeal money from parents through SMS, email or in-app notification, and use the locator affection to calmly locate the aing annex or ATM. Parents accept admission to their student’s balances, can alteration funds anon from their Navy Federal debit and acclaim cards, and accept the adeptness to append their teen’s card.

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The NFCU Visa Buxx App now will vie for Best-in-Category distinction, which will be appear during the Paybefore Awards commemoration on Feb. 24 at the All Payments Expo. Visitors to Paybefore.com will accept a adventitious to vote on Best-in-Category through Jan. 28. The aftereffect of this vote (counted as one-sixth of the total) will be accumulated with the bristles judges’ picks to actuate Best-in-Category honorees.

About Cachet Banking Solutions, Inc.

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Cachet Banking Solutions is a arch cloud-based, SaaS technology provider confined the banking casework industry with adaptable money administration and alien drop abduction solutions for PC, Mac and mobile. The company’s industry-leading solutions advice audience to access customer/member engagement, abound revenues and accretion aggressive advantage. Cachet’s cloud-based technology belvedere simplifies development, deployment and application of customer and bartering solutions—minimizing amount and accelerating speed-to-market and ROI. Enabled by Cachet’s complete apartment of business and customer solutions, banking institutions can bigger serve the needs of all their barter or members. For added information, appointment www.cachetfinancial.com.

About Paybefore: Paybefore is the arch advice provider to prepaid, adaptable and arising payments industry professionals, alms the latest news, annotation and analysis. Paybefore’s ancestors of industry publications includes: Paybefore.com; Pay NewsTM; Pay GovTM; Pay WeekTM; Pay Op-EdTM; Pay MagazineTM, a biannual book advertisement featuring all-embracing accessories on the opportunities, challenges and trends in the all-around payments industry; and the alone industry directory, Pay ConnectTM buyer’s guide, accessible online and in print. Appointment us at www.paybefore.com.

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Forward-Looking Statements

This columnist absolution contains assertive statements that would be accounted “forward-looking statements” beneath Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1933 and includes, amid added things, discussions of our business strategies, approaching operations and basic resources. Words such as “may,” “likely,” “anticipate,” “expect” and “believes” announce advanced statements.

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These statements absorb accepted and alien risks, uncertainties and added factors which may account our absolute results, achievement or achievements to be materially altered from any approaching results, performances or achievements bidding or adumbrated by the advanced statements. Advanced statements accommodate statements about the advancing closing of our antecedent accessible alms and the cardinal of shares to be awash in the offering.

Forward-looking statements reflect our accepted angle with account to approaching events, are based on assumptions and are accountable to risks and uncertainties. We altercate abounding of these risks in greater detail in our Accepted Report on Form 8K filed with the Securities and Exchange Commission on February 12, 2014 beneath the branch “Risk Factors” and in the added letters we book with the Commission. Given these uncertainties, you should not aspect disproportionate authoritativeness to these advanced statements. Also, advanced statements represent our estimates and assumptions alone as of the date of this columnist release. Except as appropriate by law, we accept no obligation to amend any advanced statements publicly, or to amend the affidavit absolute after-effects could alter materially from those advancing in any advanced statements, alike if new advice becomes accessible in the future.

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