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The Fastest Path To Faster Payments In The US

PYMNTS

But, don’t look for the recommendation to kill checks to emerge from the report that the 500+ person Fed Task Force that’s examining the path forward for the U.S. The mandatory check-at-par system forced on banks by the Fed sets up a bunch of perverse incentives for both sides. The Fed says that 19 percent of all checks in the U.S.

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Why The Final Payday Lending Rules Are Far From The Last Word

PYMNTS

“The final rule published today will devastate an industry that serves nearly 30 million American customers each year,” noted Edward D’Alessio, executive director of the Financial Service Centers of America. million comments submitted. Banks need clear guidelines from a host of players.

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