(PRWEB) February 26, 2018
CheckAlt, a leading provider of treasury solutions to financial institutions and corporations, has recruited yet another one of the industry’s most respected experts, Adam Hoffman. Widely recognized as a pioneer in the Receivables and e-payments space, Adam is serving as Managing Director of Product Management at CheckAlt.
Adam has dedicated the bulk of his career to payments innovation, helping his clients accelerate the shift of payment behavior from paper to electronic.
Adam joins CheckAlt from Capital One, where he served in a variety of roles, including Head of both the Receivables Product and Industry Specialization teams, the latter which created custom Treasury Management solutions to meet the unique needs of key verticals, including Property Management and Healthcare. Prior to Capital One, Adam spent 10 years at Citi Treasury and Trade Solutions, holding key leadership positions, including Head of Receivables Product and Head of Electronic and Emerging Receivables. Prior to Citi, Adam spent 11 years at JPMorgan Chase in a number of product development, product management and operations management roles. During his time at JPMC, Adam was co-inventor and Product Development Head for one of the nation’s first Person-to-Person (P2P) payment systems, and has 13 patents for innovation in the P2P and ecommerce space.
According to Shai Stern, CEO of CheckAlt, “We are thrilled to have Adam join the CheckAlt family. His arrival coincides with the continuing evolution of our strategy, which is to be the leader in not only paper processing, but digital payment solutions as well.” Adam added, “I am incredibly excited to have joined the CheckAlt team. It provides me with an opportunity to work with a dynamic group of people who are totally committed to their clients, while also continuing my mission of helping industries improve customer experience and gain efficiencies through innovation.”
CheckAlt is the largest independent provider of treasury solutions in the country. CheckAlt’s fully integrated product suite encompasses every conceivable payment method and channel, including electronic bill presentment and payment, merchant services, mobile capture services, and a national lockbox network that now spans 14 locations. CheckAlt’s rapidly growing client base includes over 600 financial institutions and thousands of commercial clients. CheckAlt acquired the ERAS subsidiary from Diebold, Inc. in 2014 and Klik Technologies, Corp. from MUFG Union Bank in 2016. CheckAlt is headquartered in Los Angeles, CA and has more than 300 employees. For more information, visit http://www.checkalt.com.