ACI and Ingo Payments Launch Speedpay for Faster Disbursements
Payments technology firm ACI Worldwide is teaming with embedded banking/money mobility provider Ingo Payments. [contact-form-7] The collaboration, announced Tuesday (March 18), has resulted in ACI...
View ArticleTrump Signs Executive Order to Eliminate Paper Checks for Treasury Payments
The federal government will stop issuing paper checks for disbursements, effective Sept. 30, and will stop accepting them for payments “as soon as practicable.” [contact-form-7] At that time, the...
View ArticleLegacy Systems vs Digital Demands: The B2B Payments Dilemma
There’s a paper jam happening along the B2B innovation journey. [contact-form-7] While automation has made significant inroads in certain aspects of business operations, the payments process remains...
View ArticleThe US’s $750 Million Bet: Ending Paper Checks to Drive Digital Finance
The federal government’s move to eliminate paper checks by Sept. 30 signals a massive shift toward digital transactions, potentially saving the Treasury $750 million. This transition, driven by an...
View ArticleLawmakers Zero In on Check Fraud Crisis
Regulators and lawmakers are taking a fresh look at payments fraud, and as a result, federal action may be brought to bear on the growing challenge of check fraud. [contact-form-7] On Monday (June 16),...
View ArticleBank Groups Suggest Public Awareness Campaign to Support US Treasury’s...
Eliminating paper checks from government disbursements will reduce fraud and speed up the delivery of payments to recipients, three bank groups told the Treasury Department Monday (June 30)....
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Private Sector Takes Note as Feds Hit Fast-Forward on Digital Disbursements
The United States government, the world’s largest payer, is on the cusp of a dramatic digital transformation. [contact-form-7] By Sept. 30, 2025, the federal government will cease issuing paper checks...
View ArticleSingapore Banks Given Jan. 1 Deadline to Stop Issuing Paper Checks
Singapore’s banking association has debuted an ePayments tool to help businesses transition from paper checks. [contact-form-7] EDP and EDP+, announced by The Association of Banks in Singapore (ABS) on...
View ArticleChase Reminds Customers About Upcoming Federal Phaseout of Paper Checks
Chase is encouraging its customers who receive paper checks from the government to enroll in direct deposit as the U.S. Treasury’s Sept. 30 deadline for the phaseout of paper checks for most federal...
View ArticlePostage Hikes, Delivery Frictions Turn Paper Checks Into B2B Burden
In the hierarchy of business expenses, the cost of a postage stamp rarely registers. Particularly when compared to capital equipment, raw materials or enterprise software. That could be why, despite...
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