# CheckAlt

> CheckAlt provides integrated receivables and payment processing for financial institutions, fintechs, and businesses across the United States. Its software and processing services bring mailed checks, online banking bill pay, ACH, and card payments into a shared receivables workflow, with lockbox operations, deposit capture, APIs, and reconciliation tools.

- **Founded:** 2009
- **Headquarters:** New York, United States
- **Founders:** Shai Stern (Co-founder; former CEO and co-chairman), George Karfunkel (Co-founder and early co-chairman, according to contemporary trade reporting)
- **Products:** Integrated Receivables, Lockbox Check Processing, Electronic Lockbox / Catch!, FinCapture Desktop, FinCapture API
- **Notable:** Named to Datos Insights Fintech 50 in 2025 and again in 2026., Company-reported doubling of US payment-processing capacity through the Iron Mountain expansion in 2025., PECU case study reports at least three staff hours saved weekly across IT and accounting.

## Products & services

- **Integrated Receivables** — A common portal for managing inbound paper and digital payments; customers can adopt individual products over time.
- **Lockbox Check Processing** — Outsourced mailed-check and remittance processing, also offered through SaaS and hybrid deployments.
- **Electronic Lockbox / Catch!** — Connects billers to bill-payment networks so eligible online banking bill pay payments can arrive electronically through ACH.
- **FinCapture Desktop** — Hosted remote lockbox for on-site scanning of checks and full-page remittance documents, with exception management.
- **FinCapture API** — Mobile remote deposit capture embedded into existing applications with configurable deposit and duplicate controls.
- **Online Payments** — ACH, debit, and credit card payments with guest, registered, one-time, and recurring options.
- **LoanPay** — Branded self-service loan payment portals with guest payments, ACH and debit options, and automated workflows.
- **ATM and Branch Capture / Item Processing** — Captures and processes deposits originating at ATMs and bank branches.

## Achievements

- Named to Datos Insights Fintech 50 in 2025 and again in 2026.
- Company-reported doubling of US payment-processing capacity through the Iron Mountain expansion in 2025.
- PECU case study reports at least three staff hours saved weekly across IT and accounting.
- An unnamed Texas credit union case study reports 90% fewer payment exceptions within three months.

## Latest updates

- **2026-09** — Announced LoanPro partnership on September 2.
- **2026-09** — Published a Texas credit union case reporting 90% fewer payment exceptions within three months.
- **2026-08** — Named to Datos Insights Fintech 50 for a second consecutive year.
- **2026-06** — Joined U.S. Bank Connected Partnership Network.
- **2026-04** — Announced FRONTSTEPS partnership and PECU LoanPay selection.

## Links

- Website: https://www.checkalt.com/
- LinkedIn: https://www.linkedin.com/company/checkalt
- Twitter/X: https://twitter.com/checkalt
- Facebook: https://facebook.com/CheckAlt/

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Profile page: https://yespress.io/checkalt
Published by YesPress — https://yespress.io
Last updated: 2026-10-25