CheckAlt's Weekly Update: August 21, 2020

We are delighted by the feedback we’ve received thus far on last week’s announcement about Scrypt, a new endeavor leveraging AI and machine learning to provide an intelligent invoice coding solution. Our Product Team continues to innovate across all of our products, from check processing to card APIs to our online bill pay solution Catch!, and we will have more product innovation announcements to share in the coming weeks.

Mail-in voting has been a top focus of ours as we monitor the actions of the USPS, results of its reorganization, and impacts to our business. While we remain positive about the head of USPS stating that the organization is prepared to handle an influx of more vote-by-mail ballots, we are cautiously optimistic and as such are working closely with our USPS contacts to understand how mail will be prioritized and delivered as mail volumes increase during this election cycle. We will continue to keep you up to date on the latest news from USPS.

As you may have seen on LinkedIn, earlier today I expressed my empathy for the employees at USPS and those who are thinking their online bill payments are actually online. Read the post here.

One of our channel partners reached out to us and asked that I present our strategy and response to the pandemic to a rather large group of product managers focused on receivables. In addition to sharing how CheckAlt is positioned as the house of payments, I had the opportunity to express our dedication to the health and safety of our employees and our business commitments to our clients through the challenges presented over the past six-plus months. There was a thoughtful Q&A portion as well, and I always enjoy engaging further on questions and feedback.

If you would like to arrange a time for me to speak with members of your team on these topics, feel free to reach out to me, Michelle Miklosey, or your relationship manager to coordinate.

Stay healthy and safe!
Shai Stern


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