LOS ANGELES, Feb. 8, 2013 /PRNewswire/ -- CheckAlt, a Check 21 application company, announced today its completed integration with CheckWare Workstations, a front-end compliance software. Together, CheckAlt and CheckWare have created a joint solution that provides both secure payments and compliance services to their check cashing and money service business (MSB) clients.
CheckAlt completed the integration with its specially developed API program, which allows merchants to scan checks through their compliance software and simultaneously create a deposit to their financial institution. Normally, checks are deposited through a separate scanning device or they're physically deposited at the bank. But with CheckAlt's API program and CheckWare's compliance software, merchants can make more frequent and convenient deposits at the point-of-sale, eliminating double processing and risk of potential error.
"CheckAlt is pleased to complete an additional API integration for the MSB industry. Adding CheckWare to our group of integrated POS providers further validates the value in offering a one-scan solution for the MSB industry," said Shai Stern, Co-Chairman and CEO of CheckAlt.
The WorkStation® is more than just Check Cashing Software. It is a completely Plug and Play system that features a fully integrated TouchScreen and "One Scan and You're Done" technology. This reduces the number of fraudulent checks, increases profits, and employee productivity. It also allows the retailer to stay compliant with local, state, and federal regulations, run multiple business reports with integration into any spreadsheet, and do REMOTE DEPOSIT BANKING. We've worked with independent check cashing and state auditors as well as multiple check cashing retailers to deliver software that not only works, but is far superior to anything else in the market today and looks good doing it.
CheckAlt is a Check 21 application company providing Remote Deposit Capture (RDC), eCheck services, and mobile payments. CheckAlt's clients include banks, credit unions, check cashers and MSBs (money service businesses), insurance companies, municipalities, utilities, and small and medium-sized enterprises. CheckAlt delivers x9.37/ICL files to 200 + financial institutions daily and possesses the most robust integration tools in the industry. CheckAlt is the fastest way to move money with data.