CHEXAR® is a technology and verification company that provides its clients with a centralized turnkey risk management system enabling them to safely and profitably offer professional check cashing services at their retail locations. Chexar’s SmartScore^sm check processing system combines a learning database with live risk management centers to successfully manage the risk of cashing all types of checks. 

Born originally as a retail financial services provider, Chexar and its team bring real insight and support to traditional and non-traditional lenders seeking to add check cashing services to their business model.   Today Chexar has over 100 employees serving thousands of locations in 36 states and is the fastest growing total solution provider for check cashing in the industry. Chexar’s technology is also available as a hosted software solution enabling volume check cashers to implement robust centralization for their approval processes.

CHEXAR® and the SMARTSCORE^sm secure check cashing system was born as the core operating platform for the nation’s leading Hispanic Banking initiative, El Banco de Nuestra Comunidad. El Banco combined traditional retail banking, including FDIC insured deposit products and innovative credit products, with non-traditional services such as check cashing services for non-depositors. El Banco and its secure check cashing system (now Chexar) have been featured in TIME® Magazine, The Economist®, the Wall Street Journal®, the American Banker®, and many other publications during the past 7 years.

On October 31, 2007, Chexar sold the 12 branch banking operation of El Banco to The Peoples Bank of Winder, Georgia, enabling us to focus all of our efforts check cashing network and processing business. El Banco continues to utilize the Chexar SMARTSCORE^sm check processing system as its main operating platform.