PYMNTS-MonitorEdge-May-2024

paper check

A paper check is a form of payment that draws money directly from a checking account. The “payer” -- the writer of the check -- writes the name of the “payee” on the “pay to the order of” line and signs the check on the signature line.

Source: smallbusiness.chron.com

Why Enterprise Digitization Doesn’t Always Solve AP Friction
Why Enterprise Digitization Doesn’t Always Solve AP Friction
June 03, 2019  |  B2B Payments

To demonstrate the manual nature of an invoice payment process, Catherine Andersen, co-founder and chief executive officer of accounts payable technology firm Roger, reflected on...

READ MORE >
Picking Up The Pace Of Payments To Stay Competitive
Picking Up The Pace Of Payments To Stay Competitive
February 28, 2019  |  Today In Data

Consumers have been trained – by Venmo and other P2P payments providers in the U.S. and around the world – to expect to be able...

READ MORE >
The Multibillion-Dollar Problem Of B2B Payments Friction
The Multibillion-Dollar Problem Of B2B Payments Friction
May 01, 2018  |  B2B Payments

B2B payments is at the center of efforts to innovate by FinTechs, banks and others, but corporates’ business-to-business payment processes remain complex, erroneous and a...

READ MORE >
DBS Bank Targets Singapore’s Corporate Check Problem
DBS Bank Targets Singapore’s Corporate Check Problem
April 06, 2018  |  B2B Payments

In its latest initiative to promote the digitization of B2B payments, Singapore’s DBS Bank said it’s working to support its corporate customers’ shift away from...

READ MORE >
Gig Workers And Instant Pay
Gig Workers And Instant Pay
January 24, 2018  |  Digital Payments

Workers in the gig economy don’t always get paid as quickly as they’d like. Drivers for Uber, for example, have their payments calculated on a...

READ MORE >
Don’t Write Off The Paper Check Just Yet
Don’t Write Off The Paper Check Just Yet
January 23, 2018  |  B2B Payments

In the path of FinTech innovation, many expect the inevitable demise of the paper check. But the data doesn’t lie: Paper checks are alive and...

READ MORE >
Paper Checks Continue To Steal The B2B Payments Spotlight
Paper Checks Continue To Steal The B2B Payments Spotlight
December 29, 2017  |  B2B Payments

2017 may go down in B2B payments history as the year the space finally saw a bump in attention from innovators. Amid the excitement over...

READ MORE >
In Lending, Next-Day Payout Doesn’t Cut It
In Lending, Next-Day Payout Doesn’t Cut It
July 06, 2017  |  CEO Series

Online and alternative lending is satiating consumers’ need for speed when it comes to accessing finance. But, while an online loan decision may be near-instant,...

READ MORE >
Fed Finds ACH Surpasses Checks In Corporate Payments
Fed Finds ACH Surpasses Checks In Corporate Payments
July 05, 2017  |  B2B Payments

The Federal Reserve made news late last week when it released its newest data on consumer and business payment habits, assessed via data from 2015 compiled...

READ MORE >