We Are Disruptors
We challenge the status quo and innovate beyond the ordinary to deliver solutions that empower our clients to thrive and succeed.
At CheckAlt, we’re passionate about addressing one of the financial system’s toughest challenges: seamlessly managing both traditional and digital payments. Since our founding in 2004, we’ve become a trusted partner for financial institutions, fintechs, and businesses in key sectors including property management, healthcare, utilities, municipalities, nonprofits, and higher education. Our integrated receivables solutions simplify complex payment flows, empowering treasury managers and finance teams to capture and consolidate 100% of receivables—across all payment types and channels—into a single, streamlined platform.
From day one, CheckAlt has focused on expanding our capabilities to meet the evolving needs of our clients and partners. Through strategic acquisitions, including ERAS from Diebold (2014), Klik Technologies from MUFG Union Bank (2016), and U.S. Dataworks from The Bankers Bank of Oklahoma (2020), we’ve strengthened our expertise and technology. Today, we’re positioned as a leader in payment processing, bringing best-in-class solutions to clients across multiple industries.
Our mission is simple: to provide financial institutions and businesses with effective, turnkey solutions for their payment and treasury needs. We lead in the digital payments landscape while driving efficiency in processing traditional paper payments, upholding our commitment to both reliability and innovation.
Our clients benefit from some of the industry’s fastest implementations, supported by dedicated teams and intuitive products designed for ease of use.
Our values are the foundation of everything we do, reflecting our commitment to exceptional service and meaningful impact.
We challenge the status quo and innovate beyond the ordinary to deliver solutions that empower our clients to thrive and succeed.
We take ownership of problems, finding solutions that support our clients and drive the industry forward.
We believe that how we communicate is just as important as what we communicate—whether within our team, with clients, or across the industry.
Every day, we work to make life easier for our clients and their customers, putting their needs at the heart of all we do.
We believe every voice matters, and we work together across all departments and positions to hold CheckAlt accountable to our clients’ needs.
Today, CheckAlt is proud to partner with hundreds of banks, credit unions, and fintech companies, as well as clients across various sectors. We consolidate item processing, enable omnichannel treasury management, support remote deposit capture, and offer seamless API integration for web and mobile developers. By bridging traditional and digital payment methods, we create a fully integrated receivables experience.
We’re dedicated to continuously improving our clients' experiences through advanced technology, secure infrastructure, and dedicated support. We continually invest in technology and security to safeguard our clients from risk, reduce costs, and ensure the seamless integration of both paper and digital payments.
Our commitment to client success means that our support teams are here to assist, providing guidance every step of the way. We empower financial institutions and businesses with solutions that streamline their operations, enhance cash flow, and provide the reliability needed in today’s complex payments landscape.
Our leadership team is dedicated to guiding CheckAlt’s mission and ensuring we deliver exceptional value to our clients. Each leader brings deep industry expertise, a commitment to innovation, and a passion for solving the challenges of both traditional and digital payments.
Shai Stern is currently the co-chairman and CEO of CheckAlt, the largest independent provider of treasury and lockbox solutions. He led CheckAlt’s acquisitions of ERAS from Diebold, Inc. in 2014 and Klik from MUFG Union Bank in 2016.
Mr. Stern currently serves on the board of Bankjoy and was a lead investor at Double Beam, Inc., leading the company through multiple rounds of financing and scaling to growth, having originated its 2013 acquisition of Gopago from JPMorgan, and led Double Beam’s successful sale to Verifone. Mr. Stern previously served as CEO and co-chairman of Vintage Filings, a New York-based EDGAR filing firm, through November 2011.
Mr. Stern co-founded Vintage Filings in 2002, which was later acquired by PR Newswire in 2007. Mr. Stern also previously served as co-chairman of Vcorp Services, which was sold to Wolters Kluwer in 2016. He currently serves as Chairman of Vstock Transfer and Vcheck Global.
Tony LoPresti’s impressive professional career spans 34 years in the financial services industry. Prior to joining CheckAlt in 2022 as Chief Financial Officer, Tony spent 17 years at JP Morgan Chase in a variety of financial and business management positions, most recently as Executive Director of Financial Management for the Corporate Investment Bank Payments Operations and Technology organizations, as well as Client Onboarding. Prior to JP Morgan, Tony spent 17 years with Prudential Securities, the former brokerage unit of Prudential Financial. During his career, Tony has held various senior management positions across Planning and Analysis, Product Finance, and Financial and Business Management, overseeing global finance organizations across the US, Asia, UK, India, and the Philippines.
Tony is a graduate of the University of New Haven, with BA in Accounting and was a 2-sport scholarship athlete. He and his wife live in Montgomery Township, New Jersey and have two children. Tony dedicates much of his time to charity works with the Order of Malta, and enjoys gourmet cooking and entertaining, playing golf, and attending Penn State football games with family and friends.
Patrick Law is a seasoned executive with over 26 years of expertise in banking and payments, who currently serves as the Chief Operating Officer at CheckAlt. Throughout his career, Patrick has been an advocate for client-centric service and operational excellence. His experience spans various leadership roles, including Operations Chief of Fiserv’s Banking Division where he led a team of 2,000 in serving over 6,500 financial institutions. He also held significant roles as COO of Elan Financial Services and Director of Operations at ACS-ATM Service Solutions.
At CheckAlt, Patrick is spearheading initiatives to enhance client experiences through innovative solutions. His focus is on seamlessly bridging the divide between digital and physical payments through CheckAlt’s suite of products, including APIs, remote deposit capture, lockbox and electronic lockbox, and an integrated receivables platform. His nimble and creative thinking is essential in addressing clients' needs in a rapidly evolving financial landscape.
Outside of CheckAlt, Patrick is deeply involved in veteran advocacy, serving as advisor to the CEO and Founder of Defenders of Freedom, having previously served as Chairman of their Board, and as a leader on Fiserv’s Veterans Council. He holds an MBA from the University of Dallas.
Rachel Book joined CheckAlt as Chief People Officer in January 2022. With more than 20 years in Human Resources and Talent Acquisition, Rachel brings a wealth of knowledge and experience designing and implementing inclusive and effective people practices that result in high-performing organizations and cultures. Prior to joining CheckAlt, Rachel held a variety of leadership and practitioner roles across multiple industries; spearheading talent acquisition and diversity, equity, and inclusion strategies at Stryker, Fidelity Investments, Bloomberg LP, and AT&T.
Rachel has been recognized for her transformational leadership and innovative ideas. She uses data and insights to streamline and reinvent practices and processes to align with the increasing speed of innovation and ever-changing dynamics and demographics of employees and customers. Her pragmatic and results-oriented approach has led to increased employer brand recognition, reduced cost of hire, enhanced employee engagement, and expanded workforce diversity. Throughout her career, Rachel has had unique opportunities to lead within White House sponsored initiatives on skills-focused and military veteran hiring and she developed career programs to ease the transition for women returning to the workforce after extended career breaks. Rachel is a sought-after advisor and speaker on talent topics. She was featured in Entrepreneur.com's list of Ten Powerful Women Leaders of HR and her thought leadership has been highlighted in Thrive Global, CNBC, Fox Business television and podcast, FinancialPlanning.com, and other financial and recruitment publications.
Rachel received a Master's degree in Industrial Organizational Psychology from Harvard University and earned a Bachelor's degree in Psychology from Thomas Edison State University. She holds several Global Human Resources certifications and is a continuous learner and contributor of leading practices and trends. Rachel resides in Northern New Jersey with her husband and their two teenage sons. As a family, they love to travel, give back to their community, and seek to achieve a thoughtful integration of work, school, and life.
At CheckAlt, we’re more than a payments provider—we’re a dedicated partner committed to driving our clients’ success. Whether supporting financial institutions, fintechs, or businesses across industries, we leverage our technology, expertise, and values to deliver seamless payment solutions. Join us on our journey as we continue to innovate, grow, and simplify receivables management for our clients and their customers.
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