Remove Business Continuity Remove Check Clearing Remove Payroll
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How The FedNow Service Could Keep Checks In B2B Payments

PYMNTS

By addressing one of the largest pain points of paper checks – the lag in clearing and settlement — the FedNow Service, slated to launch in 2023, may provide even greater incentive for businesses to stick with paper.

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Don’t Write Off The Paper Check Just Yet

PYMNTS

The latest in PYMNTS’ Kill the Check series , a collaboration with Ingo Money, highlighted the persistence of paper checks. the data shows, and most are written by corporates, lenders and other enterprises via supplier payments, payroll, expenses and other types of transactions. Twenty-two billion are issued in the U.S.,