CheckAlt's Weekly Update: September 25, 2020

While we have seen and read news reports this week of retail closures and staff reductions, as well as the government furloughs in New York, I continue to remain the eternal optimist about the future and the opportunities that lie ahead. One of several positive signs that businesses are adapting and evolving to the changes we are experiencing globally is how Nike is bouncing back thanks to digital sales.

We at CheckAlt are widely known in the payments industry as the largest independent lockbox services provider in the U.S., however the growth of our electronic and card payment solutions exemplifies how we have become the house of payments. The strategic investments CheckAlt has made in talented business leaders positions our company to drive further growth in electronic payments. At a time when other businesses are operating out of fear, we at CheckAlt double down on the success of our strategy and our belief that the best businesses are built in challenging times.

Every day our Product and IT teams are working diligently to improve our applications and the experience you have with our solutions. Please note that our IT Team is coordinating maintenance of our CaptureNet and LoanPay applications for October 4, 2020. A notice has been sent to clients using those application platforms, though there is no client action required. As mentioned last week, the team is also planning an upgrade to TLS 1.2 encryption for our Filexchange servers on October 18, 2020. If you have questions about any upcoming maintenance of CheckAlt’s solutions, please contact your relationship manager.

Stay healthy and safe!
Shai Stern

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