CheckAlt

CheckAlt

Financial Services

Valley Cottage, NY 7,318 followers

Automating Receivables. Simplifying Payments.

About us

At CheckAlt, we know checks—after all, it’s in our name. But we’re more than just checks. From traditional lockbox to our advanced electronic lockbox (Catch!), and from ACH to credit and debit card payments, we simplify B2B and C2B payments every day. As a leader in payment management, our integrated suite of receivables solutions seamlessly handles both paper and digital payments. Hundreds of financial institutions, fintechs, and businesses trust us to increase payment velocity, boost operational efficiency, and deliver secure, digital-first solutions. With innovation at the heart of what we do and a commitment to top-tier service, we help businesses streamline their payments—efficiently and securely. For more information, visit www.checkalt.com.

Website
https://www.checkalt.com
Industry
Financial Services
Company size
201-500 employees
Headquarters
Valley Cottage, NY
Type
Privately Held
Founded
2004
Specialties
Remote Desktop Capture (RDC), Payment Processing, Payment Solution, Collect Funds Electronically, ACH, APIs, Card Processing, Lockbox Processing, Electronic Payments, Software, ATM Capture, Payment Management, Receivables Management, C2B Payments, Check Processing, Electronic Lockbox, and SaaS

Locations

Employees at CheckAlt

Updates

  • One Portal. All Your Receivables. Zero Headaches. Managing receivables shouldn’t feel like juggling—so why are you still switching between systems, tracking multiple streams of payments, and chasing down reconciliation? With CheckAlt's Integrated Receivables Solution, you can simplify your entire receivables process in one place: ✔ Checks? Covered. ✔ ACH? Handled. ✔ Credit cards? Seamlessly processed. ✔ Any other payment type? No problem. Imagine this... A single portal where all payments are visible, categorized, and easily reconciled, enabling faster cash application, improved cash flow, and reduced DSO. Having everything in one place doesn’t just save time—it saves your sanity. 📌 Ready to take control of your receivables? Learn more at https://hubs.ly/Q03165DN0 #CashFlow #AccountsReceivable #CheckAlt #FinTech #AR

    Integrated Receivables | CheckAlt

    Integrated Receivables | CheckAlt

    checkalt.com

  • 💡 The Future of B2B Payments: Innovation, Efficiency, and Security A recent article by PYMNTS highlights how 2024 reshaped B2B payments, accelerating the shift toward digital-first solutions and driving innovation across industries. Here's a quick breakdown of the key takeaways: 1️⃣ Checks Are on Borrowed Time Despite the risks of fraud and inefficiency, paper checks are still widely used. However, businesses are increasingly seeking alternatives like digitized payment processing to streamline operations. 2️⃣ The Power of Real-Time Data AI and machine learning are revolutionizing B2B payments, delivering real-time insights, automating processes, and enhancing decision-making. 3️⃣ Cybersecurity is Non-Negotiable With 2024’s surge in cyberattacks, robust security measures, including enhanced compliance protocols, are critical to building resilience in payment systems. 4️⃣ Virtual Cards and Automation Lead the Way Virtual card adoption and workflow automation surged in 2024, offering businesses efficiency, scalability, and flexibility. 📌 The Bottom Line: Whether it’s digitizing check payments, embracing automation, or enhancing security, CheckAlt's suite of digital payment solutions is designed to help businesses stay ahead in the evolving B2B payments landscape. Ready to explore how these trends could shape your organization? Check out the full article for more insights: https://hubs.ly/Q0314SfY0 #B2BPayments #DigitalTransformation #Automation #CheckAlt #FinTech

    This Week in B2B: A Year’s Worth of Payments Innovation | PYMNTS.com

    This Week in B2B: A Year’s Worth of Payments Innovation | PYMNTS.com

    https://www.pymnts.com

  • For small businesses, every dollar and every minute counts. That’s why CheckAlt created FinCapture—a secure, mobile deposit solution designed to make check deposits fast, simple, and efficient. With FinCapture, you can: ✔️ Deposit Instantly: Anytime, anywhere—no need to visit the bank. ✔️ Boost Cash Flow: Get funds into your account faster. ✔️ Enhance Security: A secure platform to keep your business protected. Whether you’re on the go or managing a busy day, FinCapture ensures your deposits keep up with your pace. Ready to transform how you handle check deposits? Learn more: https://hubs.ly/Q030Zr6N0 #RemoteDepositCapture #SmallBusinessSolutions #FinCapture #CheckAlt

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  • 📬 "The check is in the mail" just isn’t cutting it anymore. For lenders, waiting on mailed payments can mean delays, missed revenue opportunities, and frustrated borrowers. In today’s digital-first world, borrowers expect convenience—and that’s where CheckAlt's LoanPay solution comes in. With LoanPay, lenders can... ✔️ Offer Flexible Payment Options: From ACH to debit/credit cards, meet borrowers where they are. ✔️ Get Paid Faster: Eliminate mail delays and reduce processing times. ✔️ Boost Borrower Satisfaction: Provide a seamless, user-friendly payment experience. ✔️ Enhance Efficiency: Streamline operations and focus on what matters most—serving your borrowers. Ready to move beyond the limitations of traditional payment methods? 👉 Check out our latest blog for insights: https://hubs.ly/Q030HtLj0 #LoanPayments #LendingSolutions #CheckAlt #DigitalPayments #LoanPay

    When “The Check is in the Mail” Isn't Cutting It: A Lender's Guide to Getting Paid

    When “The Check is in the Mail” Isn't Cutting It: A Lender's Guide to Getting Paid

    checkalt.com

  • View organization page for CheckAlt, graphic

    7,318 followers

    Looking for additional flexibility in managing your receivables? As a complement to traditional lockbox services, an on-site payment capture solution can give you greater control and efficiency in managing payments. With this option, you can: ✔️ Enhance Flexibility: Add an on-site payment capture option to support your traditional lockbox strategy. ✔️ Boost Efficiency: Same-day processing improves cash flow and cuts Days Sales Outstanding (DSO). ✔️ Reduce Float: Faster deposits mean quicker access to funds. ✔️ Simplify Compliance: A secure multi-year archive makes audits and reporting stress-free. Whether you’re optimizing your current receivables process or expanding your payment options, this solution provides the tools to meet your business needs. Learn how CheckAlt can help you create a customized payment strategy: https://hubs.ly/Q030DrKH0 #ReceivablesManagement #OnSiteCapture #CashFlow #Efficiency

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  • Grateful for our partners, inspired by our team, and excited for what's ahead. Thank you for being part of our journey in 2024. Wishing you and yours a joyful holiday season and a bright 2025! 

    View organization page for CheckAlt, graphic

    7,318 followers

    Excited to share our journey as we gear up for 2025! 🌟 Over the past few weeks, our team has been collaborating with clients and partners to shape a bold roadmap aimed at tackling industry challenges while unlocking new avenues for growth and innovation. We're motivated by the potential ahead and remain dedicated to driving success for our clients and stakeholders. Here's to a year of impactful collaboration and progress! #2025Vision #Innovation #Collaboration #ClientSuccess #RoadmapToSuccess Martin Klamen, Patrick Law, Lynn Dufrane, Andrea Aschtgen, MPA, Michelle Miklosey, Theresa Freas, Rachel Book, Tony LoPresti, Shai Stern

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  • In today's diverse, multi-generational landscape, payment preferences vary widely: 👉 Gen Z leads in adopting digital payment methods, with 85% favoring digital over cash. 👉 Millennials are more likely to use mobile wallets, with about 70% having a PayPal account. 👉 Gen X prefers debit cards, with 45% favoring this method for transactions. 👉 Baby Boomers tend to stick with traditional payment methods, with 96% preferring debit cards (42%), credit cards (38%), or cash (16%). While you can't dictate how each generation chooses to pay, you can control how you manage these diverse payment methods. CheckAlt's Integrated Receivables Solution consolidates payments from all channels into a single, streamlined system, ensuring efficient processing regardless of your customers' preferences. Learn more: https://hubs.ly/Q030vs3J0 #Payments #CustomerExperience #IntegratedReceivables #CheckAlt

    Integrated Receivables | CheckAlt

    Integrated Receivables | CheckAlt

    checkalt.com

  • Heading to the Bank Director’s Acquire or Be Acquired Conference in January? CheckAlt is proud to sponsor the Refreshment Break on Sunday, January 26th from 10:10–10:30 AM. It’s the perfect opportunity to recharge, network, and connect! 👋 Stop by and say hello to Lynn Dufrane and Shai Stern - our team is excited to meet you. Whether you want to chat about growth opportunities, industry trends, or how CheckAlt can help streamline your banking operations, we’re here for it! Want to schedule a meeting? Reach out to us at inquiry@checkalt.com to secure a time. See you in Arizona! 🌵 #BankingInnovation #AcquireOrBeAcquired #CheckAlt

  • 🌟 Employee Spotlight: Meet Fay Fisher, Director of Legal and Compliance at CheckAlt! We're excited to introduce you to one of our exceptional leaders who shapes the future of financial technology through legal innovation and expertise. After graduating law school, Phaedra Fisher (Fay) discovered her passion for technology contracts, leading her through roles at ACI, West Communications, and a 15-year tenure at First National Bank of Omaha before joining CheckAlt. Throughout her career, she's consistently demonstrated a talent for building innovative solutions that streamline legal and compliance processes. At CheckAlt, Fay has pioneered our privacy initiatives and AML program while championing technological innovation in our legal and compliance processes. Her approach to modernizing legal operations has transformed how we handle everything from contract negotiations to regulatory compliance. "I'm passionate about working smarter, not harder through technology," says Fay. Her vision includes implementing AI-driven solutions and expanding corporate governance as we grow. What makes CheckAlt special for Fay? "It's the people and the opportunities. Check processing requires specialized knowledge. Assuming checks are dying has created a knowledge gap in the marketplace." This expertise in specialized payment processing law, combined with her forward-thinking approach to legal tech, makes Fay an invaluable leader on our team. Join us in celebrating Fay's contributions to making CheckAlt a leader in payment processing solutions! We're excited to see how her innovative vision continues to shape our future. #EmployeeSpotlight #Fintech #LegalTech #ComplianceInnovation #PaymentProcessing #Leadership

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