LOS ANGELES, CA (PRWEB) December 08, 2014
CheckAlt today announced that it has been selected by Somerset Trust Company to process items deposited at Somerset’s ATMs. Somerset Trust Company is a community bank serving the Laurel Highlands region of Somerset, Cambria, Westmoreland, Fayette and Bedford Counties.
“We are proud to play a part in Somerset’s drive to improve internal efficiencies through technology utilization,” said Shai Stern, co-chairman and CEO of CheckAlt. “Our ATM item processing leverages Check 21 for accurate, high quality check clearing.”
CheckAlt is committed to developing products and services based on Check 21, the 2003 federal law designed to speed commerce and end reliance on transportation of paper checks. Check 21 enables the most efficient, cost-effective payment technologies, such as Image Cash Letters (ICL) and eChecks. CheckAlt incorporates Check 21-based technologies into its ATM item processing, branch processing, electronic payment applications, remote deposit capture (RDC), and more.
For more information about CheckAlt, please visit http://www.checkalt.com.
CheckAlt is a Check 21 application and processing provider. CheckAlt assists financial institutions in more efficiently processing their items from all capture points within the bank or credit union, and in attracting and retaining business customers with innovative white label payment solutions. Additionally, CheckAlt offers easy-to-integrate APIs for mobile and web developers that want to accept Check 21 payments. Products include eChecks, Item Processing, Remote Deposit Capture (RDC), Mobile, eCommerce, and Lockbox Services. Find out more about CheckAlt at http://www.checkalt.com.