Banco Popular Puerto Rico renews partnership with CheckAlts

To better serve ATM users, CheckAlt, an independent payment processor and Banco Popular Puerto Rico a financial institution serving Puerto Rico, have extended and expanded their partnership to focus on ATM services including ATM reconciliations, according to a press release.

CheckAlt's ATM reconciliation technology matches cash and check deposits against transaction processor data and flags suspicious deposits between systems. The company provides BPPR with detailed and actionable reports which include a transaction summary report, exception report and processed transaction reports

"We are delighted to deepen our great relationship with BPPR and provide additional value for processing and reconciling ATM deposits across its entire ATM network," Shai Stern, CheckAlt's Co-Chairman and CEO said in the release.