CheckAlt Connect | October 2024

Welcome to CheckAlt Connect, your monthly source for the latest insights, trends, and expert advice in the payments industry. We’re here to keep you informed and empowered with actionable insights to help your business thrive in an ever-changing payments landscape. From industry updates to practical solutions, we’re your guide through the evolving world of payments. Let’s stay connected and turn opportunities into success—together.

Feature Story

Rising Threat of Mail Theft and Check Fraud: How Businesses Can Safeguard Their Payments

Recent FinCEN analysis reveals a startling trend: check fraud linked to mail theft has surged, with over $688 million in suspicious activity reported in just six months. This growing threat poses significant risks to businesses, individuals, and financial institutions alike.

Our Feature Story delves into:

• The shocking statistics behind mail theft and check fraud
• Financial and operational consequences for businesses
• Proactive strategies to safeguard your payment processes
• How digital solutions like Catch! can protect your transactions

Read the Full Article

In the News

Alogent and CheckAlt Partner to Deliver Complete Receivables Solution for Financial Institutions

Unlocking a new level of efficiency for financial institutions: CheckAlt’s lockbox and electronic lockbox (Catch!) solutions are now fully integrated into Alogent’s item processing platform.?Together, we’re delivering a complete, digital-first receivables and item processing solution that simplifies both paper and digital payments—all in one platform.?

Learn more about how this partnership is transforming receivables management.

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Recent 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.

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Why USPS Delays Could Cost Businesses More Than Just Time

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.

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Stay in the loop with CheckAlt!

Connect with us on LinkedIn for exclusive insights and industry updates. Here are a few of our recent posts:

• Still relying on paper checks? ?| You could be leaving your business exposed to fraud, delays, and unnecessary costs! With CheckAlt's Catch!, you can...
• ?? Customer Success Spotlight: Retail Card Solutions | Retail Card Solutions, a leader in private label card solutions, faced significant challenges managing payments efficiently and securely. Developing a custom web portal required valuable time and resources...
• Streamline Billing with CheckAlt's Online Payments! ?| Whether you need a fully hosted solution or a private-label option, our platform is designed to fit your business's needs. With CheckAlt's Online Payments solution, you can...
• See more...HERE

Employee Spotlight?

Meet the team

Our employee spotlight series shines a light on the talented individuals who power our success. This month, we are proud to introduce our operations team, led by Pankaj "PK" Khurana. These dedicated professionals work tirelessly to ensure you receive the best possible experience.

• Meet Pankaj Khurana , the driving force behind our operations! With over 20 years of experience in finance and operations, PK brings a wealth of experience to our team.
• Meet Yvonne Cunningham , our Operations Manager for our Tempe, AZ processing site.
• Meet Sabrina Esparza , CheckAlt's dynamic Operations Manager overseeing our Detroit, MI and Boston, MA processing sites.
• Meet Jermaine Brooks , a pillar of excellence in our operations team and a driving force behind CheckAlt's success for over two decades!?
• Meet Kristina Rodgers , team leader orchestrating success and overseeing CheckAlt's daily operations.

Events?

• AFP | October 20-23 | Nashville, TN
• Money 20/20 | October 27-30 | Las Vegas, NV

Attending either of these conferences? We'd love to connect! To schedule a meeting reach out to us 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.