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CheckAlt Releases Mobile Business Capture App and LoanPay Solution Today at Money 20/20 Conference

CheckAlt announced it is releasing two new solutions today at the Money 20/20 Conference in Las Vegas, Nevada. The conference runs through the 28th. CheckAlt LoanPay offers banks and credit unions an alternative way to accept customer loan payments that is faster than an ACH transaction and less expensive than a credit or debit card transaction. The solution can reside on the financial institution’s web or mobile site, as well as their banking platform so payments can be accepted by phone through a call center, or at the branch. CheckAlt LoanPay is a complete package with hosted registration and payment pages, all branded with the financial institution’s logo and corporate colors.

Financial institutions can expand their capabilities, extend their footprint and capture market share with CheckAlt’s Mobile Business Capture App – the latest enhancement to CheckAlt’s Business Capture RDC solution. Financial institutions can now empower their business clients to make deposits from everywhere they do business. No more driving check payments collected out in the field back to the main office for scanning and submitting to the bank or credit union. A business’s employees can capture these check images from out in the field using their smart phone and submit them for processing along with the checks scanned through the desktop Business Capture solution. CheckAlt delivers this white-label solution economically and with greater flexibility and customization which means banks and credit unions can attract and retain more high-value business relationships.

“FinTech innovation is an integral part of CheckAlt’s mission,” stated Shai Stern, CEO & Co-chairman CheckAlt. “We forward our mission every time we partner with a financial institution and deliver these FinTech solutions to help them lower expenses by achieving operational efficiencies and capture market share through expanded capabilities.”

CheckAlt serves almost 400 US financial institution clients delivering advanced and scalable image item processing that is compatible with all incumbent core systems and white label payment processing solutions to help attract and retain high-value business banking relationships. And through the CheckAlt Portfolio Companies Bankjoy, Fundomate and Street Invoice, they are able to deliver a mobile banking app, access to alternative business financing and an electronic invoicing and payment app for small business owners.

To find out more about CheckAlt, LoanPay and Mobile Business Capture, please visit our booth #1641 at Money 20/20 at the Venetian Las Vegas, October 25th-28th or visit http://www.checkalt.com.

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About CheckAlt
CheckAlt, one of the fastest growing and innovative FinTech companies in the U.S. has delivered consolidated item processing and white label payment solutions, such as LoanPay and Mobile Business Capture, to banks and credit unions since 1989. CheckAlt’s solutions help financial institutions reduce operating costs, improve efficiency and expand their capabilities to deepen existing and attract new business relationships. In addition, we help all types of merchants who need an economical and more efficient way to get paid. For more information, please visit http://www.checkalt.com.

About Money 20/20
As the industry’s primetime conference and trade show, Money20/20 delivers the biggest scale, best audience and most engaging event. Money20/20 is the largest global event focused on payments and financial services innovation for connected commerce at the intersection of mobile, retail, marketing services, data and technology. With 10,000+ attendees, including more than 1,000+ CEOs, from 3,000+ companies and 75 countries expected at our 2015 U.S. event, Money20/20 is critical to realizing the vision of disruptive ways in which consumers and businesses manage, spend and borrow money. For more information, please visit http://www.money2020.com.

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