CheckAlt Payment Solutions Presents Exclusive Webinar with Jeryl L. Lederman and Mark Kielman

Top Quote Checkalt CIO and Federal Reserve Bank Product Development Manager Demonstrate Advancements in Forward Deposit and Inclear / Return Products. End Quote
  • (1888PressRelease) October 26, 2011 - On October 26, 2011 at 1:30p CheckAlt held an exclusive web presentation featuring Jeryl L. Lederman, CIO of CheckAlt and Mark Kielman, Product Development Manager at the Federal Reserve Bank.

    During the webinar, Kielman and Lederman discussed how CheckAlt's Forward Deposit & Inclear / Return products work with the Federal Reserve Bank. The Webinar also featured a demonstration of CheckAlt's Forward Deposit & Inclear / Return products.

    CheckAlt submits Forward Deposit and Returns transactions through the Federal Reserve Bank's Virtual Private Network (VPN) giving customers the highest level of security and speed available. CheckAlt's direct relationship with the Federal Reserve Bank allows them to provide straight-through processing, giving customers faster access to settled funds.

    "Our in-house development team enables CheckAlt to provide integration with your existing core system as well as special services that will exceed your expectations," says CheckAlt CEO Shai Stern.

    In addition to the demonstration, participants learned how easy it is to switch from their existing corporate partners to direct processing with the Federal Reserve Bank.

    Topics addressed include forward deposit, federal returns deposits, federal receipts, integration with existing core systems and much more.

    About CheckAlt:
    CheckAlt Payment Solutions is among the country's premier payment processing companies providing Check21 services allowing businesses nationwide to utilize patented Remote Deposit Capture (RDC) systems to improve their top and bottom lines. CheckAlt's unique RDC empowers businesses such as credit unions, utilities, municipalities and community banks by enabling them to locally deposit scanned checks virtually while reducing associated internet transaction processing costs. Streamlined clients experience the benefits of receiving funds in less than 12 hours without having to change banks or accounting systems. Swift, simple, and safe: CheckAlt Payment Solutions is the smartest way to do business. Learn more at: www.checkalt.com.

    For media inquiries and/or to arrange an interview, please contact Tyler Barnett at 323.937.1951 or tyler ( @ ) tylerbarnettpr dot com.

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