CheckAlt's Weekly Update: April 24, 2020

I want to start off this week’s update with an uplifting story. We are incredibly proud of our CIO Ram Bajaj for generously giving his time to help lead a food drive in the Los Angeles area, providing bags of groceries to families in need during this challenging time. From Ram: “Volunteering has been a very rewarding experience and has put into perspective the reality that people are really struggling during this time.” You can see photos of Ram in his CheckAlt gear in this post to our LinkedIn page.

At CheckAlt, staffing levels across our facilities have returned mostly to normal, which allows us to keep up with deposits and coordinate with clients to minimize delays. Though systemic issues with USPS are causing inconsistent mail volumes, we are 100% engaged on processing all of your work as it arrives.

Our Product and Development teams continue to execute on our strategy of enhancing our existing services and adding new features to improve the overall experience. Look for exciting updates to be shared next week.

In addition, FT Partners featured comments from CheckAlt in a special report released yesterday on the impact of these uncertain times on the fintech industry. CheckAlt is mentioned on pages 44 and 45 of the report, which is available here:

I wish everyone good health and ask that you please remember to take care of yourselves and each other always.

Stay healthy and safe!
Shai Stern

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