Miami-based CheckAlt has inked a renewal and an expansion agreement with ItalBank international. CheckAlt will now process all deposits made at ItalBank’s branches, including inclearings processing and CheckAlt Archive. The renewal agreement also includes ItalBank continuing to offer CheckAlt’s Business Capture solution to ItalBank’s business customers.
CheckAlt’s Branch Capture consolidates the item processing stream within the back office, deploys quickly to multiple locations streamlining back office processing.
CheckAlt’s inclearings service provides financial institutions with complete end-to-end image capabilities and streamlines return decisioning. CheckAlt Archive allows financial institutions to retain all images from all applications as well as their inclearing items indefinitely.
CheckAlt Remote allows merchants to deposit funds quickly right from their desktop, improve corporate cash flow, simplify operations and reduce back-office handling expenses. The RDC solution is available immediately to ItalBank’s business clients.
Italbank says the CheckAlt Remote solution fits perfectly with our online bank model. Our commercial account holders can deposit checks quickly and easily from their office or other remote location. This allows us to extend our footprint right to our clients’ desktops, with a product that is simple and yet powerful.
CheckAlt offers best of breed Check 21 solutions nationwide. These solutions include consolidated item processing, lockbox processing and white label solutions, such as CheckAlt Remit, LoanPay and Mobile Business Capture. CheckAlt has recently acquired Klik Technologies and now has a total of 300 employees, over 600 clients, 9 offices nationwide.
For a complete archive of more than 70,000 articles published since 1995 search the CardFlash.com library.