How CheckAlt’s LoanPay Platform Enables Faster, More Transparent Payments

Author: CheckAlt
Date: Jul 31, 2018 8:01:00 PM

Did you know that regulators are pushing for faster electronic payments for all Americans by 2020?

Though Americans are still writing billions of checks per year—2.5 billion, to be precise, according to market research firm Aite Group—financial institutions across the country are helping their customers switch to electronic payments with CheckAlt’s LoanPay.

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3 Ways Remote Deposit Capture Can Increase Business Efficiency

How This Boutique Bank Got One-Fifth of Its Client Base to Switch from Paper to Digital in Just 8 Months

Author: Tiffany Rider
Date: Jul 26, 2018 3:40:49 PM

Converting bank clients who have traditionally paid by check to an electronic payment system isn’t easy. Though after integrating CheckAlt’s LoanPay solution, The Upstate National Bank was able to transition 20 percent of its client base—many of whom were wary of electronic payments—from paper payments to digital transactions.

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How Mobile Solutions Can Help Improve Cash Flow

How Financial Institutions Are Preparing for Regulation CC

Author: Tamir Shafer
Date: Jun 27, 2018 3:43:25 PM

Our Financial Services industry is highly regulated and experiences a seemingly constant flow of new rules being proposed, debated, and implemented. This impacts financial institutions both big and small. As part of CheckAlt’s effort to support our client community, we actively engage with our financial institution clients to stay abreast of their compliance pertaining to regulatory changes.

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Mass Adoption of eChecks Could Quash Fed Rules Changes

Author: Allison Murray
Date: Jun 22, 2018 3:11:00 PM

In today's technology-driven world, electronic checks are a necessary solution to the growing demand for speed, security, and simplicity in online payment transactions. It was this demand that paved the way for CheckAlt's eCheck solution.

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Why Small Banks Are Expanding Despite Branch Closure Trend

Author: Tamir Shafer
Date: Jun 19, 2018 2:57:00 PM

Smartphone banking has become the norm. In the face of this, behemoth banks, desperate to reduce their expenses in order to keep their products competitive and please shareholders, are closing branch locations by the thousands. This has unlocked an opportunity for smaller financial institutions to buck the trend, grow their physical presence, and better serve their communities.

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Securing ATMs & ATM Processing

Author: Jeremy Kerley
Date: Jan 29, 2018 10:37:22 AM

In 1951, after a string of bank robberies, Willie Sutton was caught, and then interviewed. He was asked why he keeps robbing banks. His response: “Because that’s where they keep the money.”

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Online Bill-Pay: Separating Myths from Facts

Date: Nov 29, 2017 11:06:49 AM

Many financial institutions (FIs) offer their customers the ability to pay bills via an online portal; this service is called Online Bill-pay. To initiate the transaction, a consumer will typically select or key-in the company they are making the payment to (e.g., a utility, department store, homeowner’s association, etc.), and then key-in other critical pieces of information, including their account number and the dollar amount of the payment.

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Klik Technologies Can Also Augment Existing Treasury Management Services

Author: Stephen Michlin
Date: Jan 23, 2017 6:27:41 AM

Klik Technologies, Corp. is known best for providing lockbox treasury management solutions to banks and credit unions that don’t have the wherewithal, resources or expertise to perform such services in-house. But we can also partner with financial institutions that may have internal lockbox capabilities for their existing markets, but may need our services for new markets that are outside of their footprint.

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The Three Top Reasons For Vendor Consolidation

Author: Traci Smith
Date: Jan 22, 2017 4:43:15 PM

Why should banks and credit unions consider consolidating their vendor relationships? Here are three top reasons. 

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Take a Second Look at Your Merchant Service Provider

Author: Isadora Cidral
Date: Aug 22, 2016 2:46:22 PM

 

 

Klik Technologies Corp. offers a host of receivables management products and services to merchants, homeowner associations, utility companies and other organizations – a one-stop shop so clients can obtain all of their receivables in one channel.

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