Veritex Community Bank Selects CheckAlt for Lockbox Services
Written by CheckAlt
LOS ANGELES, Calif. - May 16, 2019 — CheckAlt, the premier lockbox services provider in the U.S., is proud to announce Veritex Community Bank, based out of Texas, has selected CheckAlt to process paper, remote, and electronic payments for its customers.
CheckAlt’s reputation for fast implementation, intuitive user experience, and a frictionless onboarding process led Veritex to tap CheckAlt’s network of 14 lockbox processing sites in conjunction with electronic payment solutions Catch! and KliknPay.
“Our selection of CheckAlt to provide lockbox services has enhanced our ability to provide end-to-end solutions in an increasingly complex payments landscape,” Greg Smith, Executive Vice President and Director of Specialty Finance for Veritex Community Bank, said. “CheckAlt’s solution enables our homeowners association customers to simplify reconciliation and improve cash flow.”
CheckAlt customized a private-label online portal for Veritex Community Bank that consolidates payment and remittance data captured across CheckAlt’s nationwide, hub-and-spoke lockbox processing network. If your financial institution is ready to offer lockbox services to your customers, please contact CheckAlt’s Co-Chairman and CEO Shai Stern directly at 917-597-3107 or sstern@checkalt.com.
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About CheckAlt
In the past 10 years, CheckAlt has become the leading provider of check payment processing solutions for hundreds of financial institutions across the country. As both bank agnostic and demographic agnostic, CheckAlt is uniquely positioned for payments convergence. It has been our focus to process check payments while also eliminating paper from the system with robust electronic payment APIs. CheckAlt’s solutions include lockbox processing across a nationwide hub-and-spoke network of processing sites, consolidated item processing, integrated treasury solutions, and mobile capture services. CheckAlt is headquartered in Los Angeles, Calif.
For interviews, please contact CheckAlt’s Head of Communications Tiffany Rider at trider@checkalt.com.
