CheckAlt Connect | December 2024
Season Greetings! In this special edition, we look back at our top articles, posts, and moments that shaped this exciting year.?Wishing you moments of peace, joy, and cherished time with loved ones during this holiday season. Here's to continued success in 2025!
2024's Final Feature Story
When “The Check is in the Mail” Isn't Cutting It: A Lender's Guide to Getting Paid
Remember when "the check is in the mail" was an acceptable response? Neither do your customers. In today's digital-everything world, your borrowers are ordering groceries online, splitting dinner bills with a tap, and managing their entire financial lives through apps. Yet when it comes to loan payments, many lenders are still stuck in the paper chase. And with consumer loan delinquency rates at their highest point in over ten years—climbing more than 80% since their 2021 low of 1.52%, it’s critical that lenders offer the more flexible, online payment options their customers prefer.
In the News: 2024 Top Story
Reinventing Payments: Addressing the Check Fraud Conundrum
Checks may be declining, but they remain a huge target for fraud.?In the latest episode of FinXTech's Reinventing Banking podcast, our CEO Shai Stern explores the challenges and implications of check usage in modern banking. From $1 trillion in dropped checks created by outdated systems, to the real risks of theft and fraud, Shai explores how technology can help solve this growing issue.
Most Viewed Articles
Cut the Risk: How Can You Reduce Check Fraud and Payment Delays?
Payment fraud is on the rise, especially with traditional methods. Is your business protected? Learn about emerging digital solutions that can safeguard your transactions and streamline operations.
Check Fraud is on the Rise - Is Your Institution Prepared??
Nationwide USPS issues are causing significant operational disruptions for businesses, especially those relying on check payments. Learn more about the urgent need for reliable, alternative payment processing methods to maintain financial stability.
领英推荐
2024 Thought Leadership Spotlight: CheckAlt in Conversation
Our leadership's insights reached new audiences this year through engaging podcast appearances:
Cut the Risk: How Can You Reduce Check Fraud and Payment Delays?
In this episode of Fintech Confidential, Tedd Huff interviews Lynn Dufrane, the executive director of sales at CheckAlt. They discuss the partnership between fintechs and financial institutions, the continued relevance of paper checks, and the innovative solutions offered by CheckAlt. Lynn emphasizes the importance of collaboration and the ability to pivot in the fintech industry. She also highlights the comprehensive solutions provided by CheckAlt, including lockbox services, online payments, and merchant services.
Industry Expert Spotlight: CheckAlt at Wespay Payments Symposium?
A highlight of our year was SVP Sherah Spark's compelling presentation at the Wespay Payments Symposium in Las Vegas. Sherah shared critical insights on protecting businesses against check and ACH fraud, delivering actionable strategies for today's evolving fraud landscape. The event also featured valuable networking opportunities with our CEO Shai Stern and Lynn Dufrane, furthering CheckAlt's commitment to industry leadership and fraud prevention excellence.
Top LinkedIn Highlights from 2024
On the Road in 2025: Come Meet Us!
Attending one of the conferences? We'd love to connect! To schedule a meeting, send us at email at [email protected].?
We want to hear from you!?
What topics would you like to learn more about? Share your thoughts with us via email at [email protected].
Want to connect with our Sales Team? Connect with Sales at [email protected] or reach out to your Relationship Manager.