Accounts Payable Takes the High Road to AI-Powered Growth Engine
Accounts payable (AP) may not always grab headlines, but its evolution is critical to business success. [contact-form-7] However, embracing the digital evolution of back-office cost centers is often...
View ArticleFedDetect Duplicate Notification Service Expanded to Include Commercial Checks
Federal Reserve Financial Services (FRFS) now helps financial institutions combat check fraud by enabling them to see deposit information and images of potential duplicate items for commercial checks....
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Old-School Billing Is Creating a Construction Industry Cash Crunch
During times of uncertainty, payment issues can be more of a threat to survival than just a nuisance. [contact-form-7] The construction industry, a $2 trillion-plus behemoth in the U.S. alone, is...
View ArticleACI 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...
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