CheckAlt’s cover photo
CheckAlt

CheckAlt

Financial Services

Valley Cottage, NY 7,559 followers

Automating Receivables. Simplifying Payments.

About us

At CheckAlt, we know checks—after all, it’s in our name. But we’re more than just checks. From traditional lockbox to our advanced electronic lockbox (Catch!), and from ACH to credit and debit card payments, we simplify B2B and C2B payments every day. As a leader in payment management, our integrated suite of receivables solutions seamlessly handles both paper and digital payments. Hundreds of financial institutions, fintechs, and businesses trust us to increase payment velocity, boost operational efficiency, and deliver secure, digital-first solutions. With innovation at the heart of what we do and a commitment to top-tier service, we help businesses streamline their payments—efficiently and securely. For more information, visit www.checkalt.com.

Industry
Financial Services
Company size
201-500 employees
Headquarters
Valley Cottage, NY
Type
Privately Held
Founded
2004
Specialties
Remote Desktop Capture (RDC), Payment Processing, Payment Solution, Collect Funds Electronically, ACH, APIs, Card Processing, Lockbox Processing, Electronic Payments, Software, ATM Capture, Payment Management, Receivables Management, C2B Payments, Check Processing, Electronic Lockbox, and SaaS

Locations

Employees at CheckAlt

Updates

  • CFOs are at a crossroads. As expectations for financial leaders evolve, so does the pressure to modernize payment operations—especially when it comes to receivables. 🤔 So, what’s the best path forward? ✔️ Build your own solution? ✔️ Buy off-the-shelf software? ✔️ Or partner with a specialist? At CheckAlt, we break down the pros and cons of each approach—and explain why more CFOs are leaning toward a hybrid model that blends flexibility, speed, and scalability. If you're grappling with manual processes, limited cash flow visibility, or rising check fraud risks, this one's for you 👇 #CFO #AccountsReceivable #FinanceLeadership #Fintech #B2BPayments

  • View organization page for CheckAlt

    7,559 followers

    What a great week at the Wespay Fraud Symposium 2025! CheckAlt’s own Lynn Dufrane took the stage to lead an important conversation on how fraudsters are evolving—and why your defense strategy should, too. From exploring how criminals are leveraging the dark web to scale their attacks, to highlighting new check fraud trends impacting financial institutions, Lynn delivered a timely and eye-opening session to a packed room. As Lynn shared afterward: “Wespay Fraud Symposium 2025 may have just become my favorite conference! What a great day filled with amazing insight and information. Thanks to all who presented and attended!” We also enjoyed catching up with Ed Avila and Lissette Duran from Royal Business Bank —always a pleasure to connect with clients in person. Big thanks to the Wespay team for putting on another fantastic event! 👏 #Wespay #FraudSymposium2025 #CheckFraud #CheckAlt

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  • View organization page for CheckAlt

    7,559 followers

    ⏳ Wondering when Genie will be available to clients? We’re getting close. A pilot launch with select clients is planned for Q2 2025 as we continue refining Genie’s capabilities. In our latest update, Satish Thopte shares how we're taking a phased approach to make sure Genie delivers real value from day one: ✅ Internal testing to fine-tune performance ✅ Pilot phase with real client use cases ✅ Full rollout through the end of the year This is just the beginning. Genie is set to streamline workflows, speed up implementations, and boost self-service across the board. 🎥 Catch the full update here: https://lnkd.in/g4n3bHyY #GenAI #AIInnovation #CheckAlt #Payments #AI

  • 💰 Manual EOB & Payment Processing Is Costing Healthcare Providers Millions Hospitals wait 55 days on average to collect revenue. And if a payment goes past 90 days, they might recover just 10 cents on the dollar. 📉 Add in the $181 per claim cost of reworking denials, and the financial burden quickly grows. The solution? EOB digitization and lockbox automation—streamlining receivables, reducing costly errors, and accelerating reimbursements. Want to dive deeper into how automation can improve cash flow and eliminate inefficiencies? Read more here 👉 From Paper to Digital: How EOB Digitization and Lockbox Services Improve Healthcare Receivables: https://hubs.ly/Q03cL-Nl0

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  • View organization page for CheckAlt

    7,559 followers

    CheckAlt is onsite today at the Wespay Fraud Symposium! Fraudsters are evolving—so should your defense. Lynn Dufrane is taking the stage today to unpack the latest in check fraud trends and how bad actors are leveraging technology and the dark web to scale their attacks. 🎤 Session: Modern Check Fraud: Understanding Today's Evolving Threat Landscape 📅 Date: March 20, 2025 ⏰ Time: 10:05 AM - 10:55 AM PT Despite the push toward digital banking, check fraud is surging, with losses reaching all-time highs. Join us as we dive into the latest fraud tactics—and what financial institutions can do to stay ahead. If you’re at the event, be sure to stop by and connect with our team! #WespayFraudSymposium2025 #Wespay #CheckAlt

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  • 💡 AI is redefining the future of payments—are you keeping up? This month in CheckAlt Connect, we’re diving into: 🔹 How AI is transforming financial services 🔹 New ways financial institutions can unlock revenue 🔹 The classic debate: Build, buy, or partner? As your trusted payments partner, we’re here to bring you the insights you need to stay ahead in 2025 and beyond. 📩 Subscribe now to get CheckAlt Connect delivered straight to your inbox! #Fintech #AIinPayments #DigitalTransformation #CheckAlt

  • Heading to the AFT Spring Summit next week? So is our CEO, Shai Stern! From March 23-25 at the Loews Coral Gables Hotel, financial technology leaders will come together to tackle the latest trends shaping banking, payments, and fintech. The AFT Spring Summit is all about connecting, collaborating, and innovating—and CheckAlt is proud to be part of the conversation. If you’re attending, be sure to connect with Shai to discuss how CheckAlt is helping financial institutions streamline payments and stay ahead. Drop a comment or send us a message if you’ll be there! #AFTSpringSummit #Fintech #Payments #BankingInnovation #CheckAlt

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  • View organization page for CheckAlt

    7,559 followers

    AI is reshaping how businesses handle payments—but at CheckAlt, it’s about more than just automation. From AI-powered image recognition to self-service capabilities, we’re integrating AI to: ✔ Reduce manual intervention in payment processing ✔ Speed up contract approvals and onboarding ✔ Streamline operations so clients can focus on what matters most—their business Watch the latest conversation with Satish Thopte to see how AI is delivering real-world value: https://hubs.ly/Q03chWqW0 Also, you can read a summary of the conversation with Satish here 👇 Inside CheckAlt’s AI Strategy: Leveraging AI to Reduce Friction and Optimize Payments: https://hubs.ly/Q03chzf-0 #AIinPayments #OperationalExcellence #CheckAlt #GenAI

  • What’s Your Biggest Payment Management Challenge? Exception handling? Misapplied payments? Compliance headaches? We get it. That’s why CheckAlt provides a single, powerful payment management platform designed to solve these pain points with: ✅ Greater control over exceptions ✅ White-label branding options ✅ Automated compliance updates ✅ Robust payment validation And so much more... One vendor. One contract. One sign-on. With CheckAlt, you can manage all inbound payments—across all channels—through a single, integrated portal. From traditional check payments and online banking bill pay to card payments and remote deposit capture, we bring it all together in one seamless experience. Discover how we can simplify your payment operations: https://hubs.ly/Q03c6vK70 #PaymentsProcessing #BankingTech #Clearingworks #CheckAlt

  • View organization page for CheckAlt

    7,559 followers

    We’re excited to share that Patrick Law, President & COO of CheckAlt, will be attending and speaking alongside Pinku Dutia, Cross Industry Solution Leader at Iron Mountain, at the Shared Services & Outsourcing Week (SSOW) Conference in Orlando, FL! 🗓️ Session: Unlock the Potential of Your Shared Services: A Digital Transformation Journey on March 26 at 2:25 PM ET Join Patrick and Pinku as they discuss how organizations can streamline operations, enhance efficiency, and drive measurable impact through digital transformation in shared services. If you’re attending SSOW, don’t miss this session! Let’s connect and explore how CheckAlt and Iron Mountain are helping organizations optimize their financial operations. #SSOW #SharedServices #FinanceInnovation #CheckAlt

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