What’s Driving the Rapid Growth in ACH Payments
The ACH Network is reliable and ubiquitous. And over the past year, it continued to realize strong growth, both in ...
Tag: paper checks
As Paper Checks Sunset, Fifth Third Bank Scales Up Prepaid Program
Today marks the official end of paper checks for federal benefit payments. As Social Security and the IRS fully transition ...
FEMA Moves to FedNow Payments as Government Shifts Away from Paper Checks
As the federal government nears its deadline for sunsetting paper checks, the U.S. Treasury has begun sending disaster relief payments ...
Paper Check Usage Is in Freefall
The federal government’s efforts to phase out checks comes at a time when check usage is already in sharp decline. ...
Nacha, Early Warning Urge Government Away from Paper Checks
With the federal government’s self-imposed September 30 deadline to eliminate paper checks approaching, several organizations are stepping in to both ...
An End to Government Checks? Not So Fast
The White House has issued an executive order eliminating paper checks for government disbursements, effective September 30. While this initiative ...
Why ESG Issues Remain Critical in the Payments World
Online retailers are highly likely to express interest in working with a payments provider that demonstrates a commitment to ESG ...
As Target Denies Paper Checks, They Endure Elsewhere
Target has become the latest retailer to stop accepting paper checks as payment, joining other major merchants such as Whole ...
2024 Commercial Payment Trends: Instant Cross-Border Payments, ESG Growth, and Payment Co-Existence
The future of commercial payments doesn’t rely on a one-size-fits-all approach. Diversity in payment methods offers particular strengths and capabilities ...
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