Financial institutions are re-evaluating receivables operations to better serve commercial clients, treasury teams, and back-office staff amid increasing fraud risks, staffing pressures, and higher demands for speed and transparency. In response, CheckAlt emphasizes that the future of receivables lies in simplifying complexity while maintaining the payment channels and human oversight that organizations depend on today.
“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.”
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.”