Karl Cherry is Managing Director of Product Development at CheckAlt, the leading independent provider of lockbox and treasury services. Mr. Cherry joined CheckAlt in 2017 and is responsible for managing the company’s development, quality assurance, implementation, and product management teams. Among his responsibilities are prototyping with partner financial institutions and 3rd parties to increase satisfaction and reduce development effort which aligns with an appreciation of agile development methodologies. Mr. Cherry leverages CheckAlt’s unique structure to accelerate product platform deployment and delivery of value added product features.

With more than 20 years’ experience in digital banking and payments and nearly 30 years’ experience in financial services technology, Mr. Cherry’s passion is the implementation of payments strategy and technologies with a bias toward mobile experiences to delight the end user.

Prior to joining CheckAlt, Mr. Cherry was Chief Product Officer for CU Wallet, a mobile wallet and payments CUSO, where he was responsible for the roadmap, the design, and all development and delivery efforts; the Vice President of Product Management for Digital Channels at Vantiv, where he was responsible for all mobile wallet, mobile banking, and mobile card control initiatives and their vendor relationships. Before joining Vantiv, Mr. Cherry was at Fiserv for twenty years, where he managed, developed and deployed highly flexible eCommerce products and systems such as mobile banking, account aggregation and personal financial management capabilities for retail, small business and cash management customer segments.
Mr. Cherry earned a Bachelor of Science degree at the Indiana University of Pennsylvania and a Master of Science degree at Duquesne University.