Checkbook Acquires sureti
Summary
Checkbook, a San Mateo, CA-based company which specializes in digital payments, acquired sureti, a Carlsbad, CA-based digital payment solution dedicated to transforming the distribution of insurance claim proceeds. This strategic acquisition will consolidate Checkbook’s delivering payment solutions for insurance companies and their customers. sureti is a digital payments solution purposely built for property claim proceeds. It eliminates the need for mortgage lenders to be listed on multi-party paper claim checks and leverages geospatial capture data to substantiate the release of proceeds. It provides a range of services, including digital checks, ACH transfers, and real-time payments, all designed to streamline financial transactions and enhance user experience.