Los Angeles, June 16, 2016 — CheckAlt, a leader in mobile and Check 21 payment and item processing solutions, today announced that it has acquired Klik Technologies, Corp. (“Klikâ€�), a New York corporation that was a wholly owned subsidiary of MUFG Union Bank, N.A. The acquisition further strengthens CheckAlt’s position as a leading provider of payment solutions for financial institutions nationwide. The company’s solutions power hundreds of financial institutions and corporate clients enabling them to optimize the customer experience from any point of presentment, whether at the branch, ATM, online, customer location or on-the-go via mobile banking solutions. Terms of the transaction were not disclosed.