CheckAlt News

Today is an important milestone in CheckAlt’s trajectory as a universal payments hub for our clients as we unveil Scrypt, our new, intelligent invoice coding solution that utilizes machine learning and automation to add and manage invoice payments within your enterprise resource planning software.

CheckAlt is pleased to announce its partnership with credit union service organization Tru Treasury to assist credit unions with their paper and electronic payment processing needs for attracting and retaining corporate members.

CheckAlt, which processes more than 500,000 patient payments and 250,000 explanation of benefits (EOB) payments per month for healthcare lockbox clients, recently partnered with RMS to accelerate the revenue cycle and improve cash flow for healthcare clients.

CheckAlt has expanded its partnership with Pawtucket Credit Union to provide lockbox processing services for its corporate membership.

April 14, 2020

Today, CheckAlt continues to operate from a position of strength with a dedicated focus on keeping our employees safe and workplaces sanitized.

LOS ANGELES, Calif. – July 2, 2019 – CheckAlt, a leading provider of lockbox and treasury services, announced today that Bobby Rahmanian has joined the company’s executive team in the new role of Chief Product and Innovation Officer. Rahmanian’s appointment is a key component of CheckAlt’s strategic plans for addressing payments convergence in the years to come.

LOS ANGELES, Calif. – June 24, 2019 — CheckAlt, the premier lockbox services provider in the U.S., and National Cooperative Bank (NCB), a nationwide financial institution that specializes in community associations, based in Arlington, VA, have extended their agreement to scale lockbox processing for property management customers with significant check and electronic payment volume. 

LOS ANGELES, Calif. - May 16, 2019 — CheckAlt, the premier lockbox services provider in the U.S., is proud to announce Veritex Community Bank, based out of Texas, has selected CheckAlt to process paper, remote, and electronic payments for its customers.

LOS ANGELES, Calif. - May 15, 2019 — CheckAlt, the premier lockbox services provider in the U.S., and Executive National Bank, a locally-owned financial institution serving Florida’s communities for nearly five decades, have extended their agreement for payment processing.

LOS ANGELES, Calif. - May 6, 2019 — CheckAlt, the premier lockbox services provider in the U.S., is proud to announce EH National Bank, headquartered in California, has selected CheckAlt to provide lockbox processing for its clients.

CheckAlt Launches “CheckAlt Go!” Package

February 7, 2018 — In just 2018 alone, CheckAlt processed in excess of $5 billion online banking bill payments electronically—validating CheckAlt’s ability to convert more payments from paper to electronic.

CheckAlt is pleased to announce the release of LoanPay 3.1, which provides more opportunities for financial institutions to strengthen valuable customer relationships by tailoring their loan customers’ online experience. This version is now available to all new and existing LoanPay clients, and exemplifies our proactive approach to provide cutting-edge technology that benefits both financial institutions and their customers.

August 2, 2018—Manasquan Bank, a $1.3 billion community bank headquartered in Wall Township, N.J., announced a strategic alliance with CheckAlt, an independent provider of lockbox solutions in the U.S. Manasquan Bank will initially leverage CheckAlt’s unique lockbox offering, KlikRemit—a nationwide, 14-site hub-and-spoke model offering a highly portable, flexible, and scalable approach to retail, wholesale, and wholetail lockbox processing.