CheckAlt Strengthens Leadership as It Expands Digital Payment and Receivables Solutions for Financial Institutions
Valley Cottage, NY – February 27, 2025 – CheckAlt, a leading provider of payment and receivables management solutions, is pleased to announce the promotion of J. Patrick Law to President, while continuing in his role as Chief Operating Officer.
With over 25 years of experience in banking and payments, Patrick has been instrumental in streamlining operations, enhancing platform capabilities, and deepening client partnerships since joining CheckAlt in 2023. In this expanded role, he will accelerate CheckAlt’s digital transformation efforts and drive strategic growth initiatives to better serve financial institutions, fintechs, and businesses nationwide.
A Vision for the Future of Payment Management
The financial industry is evolving, and financial leaders are looking for more secure, efficient, and scalable payment solutions. Under Patrick’s leadership, CheckAlt is advancing its mission to simplify receivables management, reduce risk, and enhance cash flow for financial institutions and their business clients.
"We are not just keeping up with the changes in payments—we are defining the future of receivables management," said J. Patrick Law, President & COO of CheckAlt . "By investing in digital-first solutions, strengthening risk and compliance measures, and expanding our client partnerships, we are creating measurable value for financial professionals navigating today’s complex payment landscape."
Expanding Digital Payment and Receivables Solutions
As financial institutions seek to modernize their receivables processes, CheckAlt remains focused on:
✅ Enhancing digital payment capabilities —advancing ACH, card, and electronic lockbox solutions to improve cash flow and reduce fraud.
✅ Driving operational efficiencies —leveraging automation to reduce manual processing and optimize financial workflows.
✅ Strengthening financial partnerships —offering scalable, enterprise-grade payment solutions tailored for banks, credit unions, and fintechs.
"Patrick’s leadership is helping CheckAlt push the industry forward by delivering payment solutions that streamline operations and drive efficiencies for financial institutions and their business customers," said Shai Stern, Co-Chairman & CEO of CheckAlt . "With Patrick at the helm, we remain committed to providing innovative, secure, and reliable receivables management solutions that empower finance leaders to manage payments with confidence."
About CheckAlt
CheckAlt is a leading provider of integrated payment and receivables management solutions, helping financial institutions and businesses automate paper and digital transactions through a single platform. From traditional lockbox processing to advanced electronic payment solutions, CheckAlt enables faster payments, improved cash flow, and enhanced risk management for banks, credit unions, and their business customers.
To learn more, visit www.checkalt.com or follow us on LinkedIn .
Read to full press release here.