CheckAlt Announces Acquisition of U.S. Dataworks
Written by CheckAlt
CheckAlt is proud to announce the acquisition of payments software company U.S. Dataworks, a move that strengthens its current integrated receivables product suite to include flexible insource technology. This is CheckAlt's third acquisition in six years.
In a press announcement released today, CheckAlt's Co-Chairman and CEO Shai Stern stated, "Recognizing that the U.S. Postal Service is going to be overwhelmed and distracted with mail-in voting and other impediments to normal delivery, we must enable additional solutions for our clients to capture payments on-site, remotely, or through any one of our 13 lockbox processing centers across the country. Moreover, between the hundreds of financial institutions that both CheckAlt and U.S. Dataworks serve directly, we now have further reach to offer our full suite of payment solutions which include not only paper processing but as well our Catch! product and card processing services."
CheckAlt welcomes U.S. Dataworks employees, including President David Peterson and SVP of Product Management Leilani Doyle, to its team. In the same press announcement, Peterson stated, "Following their forward-thinking investments into fintech companies such as Bankjoy, Q6 Cyber, Zaam, and the recent investment with Composable Analytics, Inc. to launch Scrypt, I am excited that the next step in my career was to bring U.S. Dataworks into the CheckAlt family."
For more information about the acquisition, read the full press release here.