Financial Institutions

Innovative Payment Technology for Financial Institutions

CheckAlt’s item processing and receivables products are designed to simplify operations, create new revenue streams, and increase data accessibility for Banks and Credit Unions of all sizes.

Financial Institutions

Payment Processing

Financial Institutions are experience more demand from their corporate clients than ever before. Business customers want to pay quickly with whatever payment type they choose, and businesses need to be able to accept customer payments from wherever they operate—in the office or out in the field. CheckAlt’s custom payment products empower Financial Institutions to meet market demand.

Deposit Imaging

Financial Institution customers want to be able to make deposits when and where it’s most convenient, from bringing a check to a branch or using their smartphone to make a deposit remotely. CheckAlt’s deposit imaging solutions accelerate processing of check payments and help convert paper payments to electronic, while protecting valuable customer data. Deposits are consolidated from multiple capture points using sophisticated software.

ATM Capture

ATM Deposit Processing and Reconciliation

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Branch Capture

Branch Deposit Processing and Reconciliation

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Item Processing

Enterprise Distributed Capture Solutions

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Loan Payment Processing

Financial Institutions can make it easier for customers to pay and manage loans using CheckAlt’s loan payment processing solutions. CheckAlt’s LoanPay can be private-labeled with your Financial Institution’s branding and allows customers to pay using debit or credit cards, or from any checking account.

LoanPay

Streamline online loan repayment with a secure, self-service platform for flexible, on-time payments.

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Lockbox

The secure, automated lockbox solution that converts paper checks into digital transactions—streamlining receivables from start to finish.

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Remote Lockbox

Accelerate check and remittance processing with a secure, hosted remote lockbox solution—no software to install, no mailing delays.

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Electronic Lockbox

The secure, digital payment solution keeps online banking bill payments where they belong—online.

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Solutions for Your Financial Institution’s Needs

CheckAlt works with various types of Financial Institutions that serve different market needs, from commercial banks to community credit unions.

Financial Institutions can streamline operations while creating an improved experience for customers with CheckAlt. Our products help financial institutions quickly expand their market reach across the U.S. by using our nationwide network of processing centers and adding private-labeled payment products to their offerings.

financial institution

Commercial Banks

bank regular

Retail Banks

Investment Banks

Investment Banks

Savings Banks

Savings Banks

Federal Credit Unions

Federal Credit Unions

Community Credit Unions

Community Credit Unions

Corporate Credit Unions

Corporate Credit Unions

Educational Credit Unions

Educational Credit Unions

Resources

From Answers to Action: The Next Phase of AI in Payments and Receivables
Why the shift from generative AI to agentic AI matters for payments and receivables workflows. Watch the Video: AI In...
The Missing Piece of Real-Time Payment Processing: Integrated Receivables
Editor’s Note: This article has been updated from its original publication in April 2021. Faster payment expectations...
Lockbox Explained: How It Works and Why It Still Matters
While the payments industry has continued shifting toward digital payments, many organizations still rely on checks for...

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