CheckAlt Expands Board of Directors, Reinforcing Strategic Momentum

September 16, 2025 | New York, NY — CheckAlt has expanded its Board of Directors, adding four respected leaders from across banking, payments, and technology. This move builds on CheckAlt’s ongoing momentum—strengthening its focus on execution, scalability, and client value. 

New Board Members 

The board now includes: 

• Bernard Karfunkel, Managing Partner, Sabr Group
• Jeff Bray, Senior Managing Director, Harbor Light Advisory
• Troy Cullen, Executive Vice President & Chief Revenue Officer, ICBA Payments and TCM Bank
• Bill Kreienberg, Former Chief Banking Officer, Five Star Bank 

They join J. Patrick Law, President & COO of CheckAlt, in guiding the company’s long-term strategy and operational discipline. 

Insights from the Board 

“CheckAlt is uniquely positioned to help financial institutions and businesses tackle real-world receivables challenges,” said Troy Cullen. 

“CheckAlt has a clear vision and the leadership to match,” added Jeff Bray. “I’m excited to support its growth and client-first strategy.” 

What It Means 

This board expansion reflects the broader strategic progress underway at CheckAlt, including: 

• Platform modernization
• Operational discipline
• Leadership alignment around revenue, risk, technology, and client service 

With experienced board leadership now in place, CheckAlt is positioned to scale its reach and deepen its impact in the fintech space. 

Read full press release 

Learn more about CheckAlt’s Board of Directors at www.checkalt.com/about-us/checkalt-board-of-directors and follow us on LinkedIn for more updates. 

About CheckAlt 

CheckAlt is a leader in payment management, delivering a complete receivables solution that seamlessly processes both paper and digital payments. From traditional lockbox services to our advanced electronic lockbox, and from ACH to credit and debit card payments, we simplify B2B and C2B transactions for hundreds of financial institutions, fintechs, and businesses nationwide. Organizations trust CheckAlt to accelerate payment processing, improve operational efficiency, and deliver secure, digital-first solutions. With innovation and a commitment to exceptional service at our core, we empower businesses to manage payments more efficiently and securely.  

For more information, visit www.checkalt.com and follow us on LinkedIn. 

Media Contact: 
Theresa Freas, Executive Director of Marketing at CheckAlt 
Theresa.Freas@checkalt.com 
www.checkalt.com