Hagerstown, MD (May 18, 2012) - Ongoing Operations and CheckAlt Payment Solutions announced a new partnership today. The expanding CUSO will host CheckAlt's Check21 platform within their secure, cloud-based infrastructure. OGO's cloud platform is uniquely positioned to connect credit unions with key vendors and help solve multiple regulatory challenges including security and disaster recovery.
"Anytime we can help a credit union vendor provide services more efficiently, new value is created for the entire industry," said Kirk Drake, CEO of the Ongoing Operations CUSO.
CheckAlt Payment Solutions' patented Remote Deposit Capture system was created to help financial institutions and other organizations process payments better, faster and cheaper. "Check 21 has allowed financial institutions to become more efficient. Our solutions take that efficiency to the next level with convenience for consumers and reduced risk for credit unions." said Shai Stern, Co-Chairman of CheckAlt.
About Ongoing Operations
Ongoing Operations was formed in 2005 as a business continuity CUSO by a group of credit unions looking for better disaster recovery solutions. We have grown from serving a handful of local organizations to over 300 clients nationwide. As credit union disaster recovery & business continuity have evolved, so have our solutions. Beyond traditional solutions such as business continuity planning, data vaulting and the OGO Replicator, we have added cloud solutions to become both a business continuity and cloud CUSO. Learn more at www.ongoingoperations.com
About CheckAlt Payment Solutions
CheckAlt Payment Solutions is the fastest growing payment processing company for credit unions today and a NAFCU preferred partner. Specializing in branch capture, teller window capture, and business merchant RDC, CheckAlt’s patented Remote Deposit Capture solution enables credit unions to lower operational costs while simultaneously increasing their efficiency and reach. Learn more at www.checkalt.com