NuSource Financial Selects CheckAlt’s ATM Deposit Processing Solution

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Best-of-breed Solution Integrates with Image-enabled ATMs to Automate Processing

CheckAlt announced today that it has been selected by NuSource Financial as its ATM Deposit Processing and Reconciliation Solution provider. NuSource delivers a suite of ATM Services to over 700 Financial Institutions across 20 states including placement, maintenance, outsourcing, equipment sales, and remote management. The CheckAlt Solution will enhance their already robust service offerings.

“We conducted a thorough search for a Solutions Provider that possessed the same level of commitment to delivering best-of-breed technology and exceptional client support,” said Jon Erpelding, President of NuSource Financial. “CheckAlt’s team clearly exhibits this commitment, and their ATM Deposit Processing and Reconciliation Solution is truly best-of-breed.”

“We are very pleased to be partnering with NuSource Financial as their ATM Deposit Processing and Reconciliation Solution provider,” said Shai Stern, CEO and Co-Chairman at CheckAlt. “I am confident our two companies will benefit greatly, as we work together to help Financial Institutions across the U.S. optimize their ATM channel with an effective strategy and innovative solution.”

CheckAlt’s solution automates the processing and consolidation of items received via image-enabled ATMs, which allows Financial Institutions to easily monitor check deposits, in near real-time. Additionally, to maintain control of the workflow, users are able to set business rules related to total deposit amounts, individual check amounts, duplicate suspects, amount changes, and MICR data matching. Items can be flagged for review, or appropriate action when necessary, before a check is processed forward.

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About NuSource Financial
NuSource Financial is one of the fastest growing Transaction Solutions companies in the United States, supplying ATM Products, Branch Transformation Services, and Security and Alarm Solutions. Impactful strategies that enhance the customer experience, while lowering costs, has fueled their growth into 20 states with over 700 Financial Institutions. Through a combination of quality products, outstanding customer service, and a commitment to excellence, over 99% of NuSource Financial’s clients renew their business each year. For more information, visit http://www.nusourcefinancial.com.

About CheckAlt
CheckAlt delivers innovative solutions that help Financial Institutions expand their capabilities, deepen their business account relationships, and remain agile in the face of rapidly changing client needs and behaviors. These solutions include consolidated and advanced item processing, lockbox processing, and white label solutions, such as CheckAlt Remit, LoanPay and Mobile Business Capture. Through CheckAlt’s Portfolio Companies, such as Bankjoy, Fundomate, Street Invoice, and Zipmark, CheckAlt delivers a branded, modern mobile banking app and API, quick access to competitively priced alternative business financing, an enterprise quality mobile invoicing and payment app, and the ability to choose better payouts and better collections for your business. For more information, visit http://www.checkalt.com.

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TL Brown
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