2026 Emerges as a Pivotal year for Payments Infrastructure
Financial institutions are reassessing how receivables operations can better support commercial clients, treasury teams, and back-office staff amid evolving fraud risk, staffing constraints, and rising expectations for visibility and speed. In response to these challenges, CheckAlt, a provider of integrated receivables and payment processing solutions, has defined a clear point of view: the future of receivables depends on simplifying complexity while preserving the payment channels and human judgment institutions rely on today.
“When routine tasks are automated and workflows are more tightly connected, teams gain the time and clarity to apply judgment, manage exceptions, and support clients more effectively.”
“Most financial institutions are not seeking wholesale change,” said J. Patrick Law, President and Chief Executive Officer, CheckAlt. “They are focused on reducing friction within their receivables’ operations. When routine tasks are automated and workflows are more tightly connected, teams gain the time and clarity to apply judgment, manage exceptions, and support clients more effectively.”
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Banks and credit unions manage a mix of check and digital receivables that reflect how their business clients operate. Lockbox, remote deposit capture, ACH, card payments, and online banking bill payments each play an important role in daily treasury operations. Coordinating these channels often requires manual oversight, reconciliation effort, and operational discipline from treasury and back-office teams. As payment volumes increase and fraud tactics evolve, institutions must improve visibility and efficiency without disrupting existing workflows or client relationships.
CheckAlt’s perspective reflects lessons drawn from working closely with banks and credit unions navigating lockbox modernization, fraud mitigation, and the integration of check and digital payment channels. By combining automation, data-driven intelligence, and operational expertise, institutions can strengthen receivables operations without introducing unnecessary disruption.
Jason Schwabline, Chief Commercial Officer, adds “As efficiency, clarity, and operational resilience take on greater importance in 2026, receivables infrastructure is increasingly viewed as a strategic foundation for treasury management. Institutions that modernize with intention will be better positioned to support staff, protect client relationships, and adapt as payment behaviors continue to evolve. CheckAlt is positioned to partner with institutions as they navigate this next phase of modernization.”
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