Los Angeles, CA (PRWEB) April 13, 2016
CheckAlt, a leading provider of innovative item and payment processing solutions to banks and credit unions in the United States, announced today that South Florida based Marquis Bank has successfully onboarded their first commercial client, a medical practice, to CheckAlt Remit. Marquis Bank, with over $390 million in assets, focuses primarily on serving business owners, professionals and investors and offers a full array of commercial and commercial real estate loan products, deposit accounts and state-of-the-art technology to create a convenient and exceptional customer experience.
“We selected CheckAlt as our fintech partner because their lockbox product is a superior payment processing solution,” said Philip Gassman, EVP/Managing Director of Professional & Executive Banking at Marquis Bank. “It is clear to us the CheckAlt team shares the same level of commitment to delivering an exceptional client experience as we do, and we look forward to providing our customers with such a reliable and efficient product.”
“CheckAlt is thrilled to welcome Marquis Bank and we congratulate them for onboarding their first commercial client to CheckAlt Remit,” said Shai Stern, CEO CheckAlt. “This solution and our collaboration with Valley National Bank on its creation was recently recognized by Bank Director with a FinXTech Award. Serving as a valuable partner with financial institutions to help them win market share, lower expenses and expand their capabilities is our primary mission.”
CheckAlt Remit is now the premier, online, white label remittance processing solution for financial institutions to automate the processing of incoming payments and related data for their commercial clients. It allows the client to improve their cash flow, consolidate daily import and long term research of receivables data for all payment streams and minimize exception related costs.
The Remit 4.1 and 4.2 releases introduce a completely redesigned, enhanced, browser-based solution for both the bank and their customers which drastically reduces exception items while allowing them to easily decision the remainder online, monitor real-time (in-process) payment activity and receive a truly consolidated accounts receivable file that can integrate into any accounting system they utilize, including all payment data for the day regardless of payment method or source.
About Marquis Bank
Founded 2007, Marquis Bank, with over $390 million in assets, is a full-service community bank dedicated to serving business owners, professionals and investors. Marquis has successfully blended convenient state-of-the-art technology with personal attention to create an exceptional banking experience for its clients. For more information, please call 305.443.2922 or visit http://www.MarquisBank.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, advanced item processing, lockbox processing and white label solutions, such as CheckAlt Remit, LoanPay and Mobile Business Capture. And through the CheckAlt Portfolio Companies 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.