paper checks

FIS and Oracle Team to Digitize Utility Bill Payments
FIS and Oracle Team to Digitize Utility Bill Payments
November 12, 2024  |  Digital Payments

FIS is teaming with Oracle to remove paper checks from the utility billing process. The FinTech company announced Tuesday (Nov. 12) that its BillerIQ solution,...

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Paper Check Fraud’s Weakest Link Is … the Paper Check
Paper Check Fraud’s Weakest Link Is … the Paper Check
November 05, 2024  |  Fraud Prevention

Given the chance, most consumers will choose digital payments over paper checks. Yet the check endures, expensive to make and mail and manage, and they...

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Manual Payments, Maximum Risk: How AP/AR Automation Beefs Up Security
Manual Payments, Maximum Risk: How AP/AR Automation Beefs Up Security
October 01, 2024  |  B2B Payments

Old-school manual B2B payments, particularly checks, are sitting ducks for fraudsters. Many organizations, particularly those in industries with long-established practices or fragmented environments, like construction,...

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FinCEN Says Check Fraud Approached $700 Million Over 6 Months
FinCEN Says Check Fraud Approached $700 Million Over 6 Months
September 11, 2024  |  Security & Fraud

Earlier this week, FinCEN reported that mail theft-related check fraud amounted to more than $688 million in a recent six-month period. The bulk of the...

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Checkbook Expands Payment Operations Amid Shift From Paper Checks
Checkbook Expands Payment Operations Amid Shift From Paper Checks
August 22, 2024  |  B2B Payments

Payments solution provider Checkbook has expanded its payment operations. The company announced this expansion in a Thursday (Aug. 22) news release, saying it marked a milestone in “streamlining check and...

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Data Shows 93% of Truckers Would Use Instant Payments if Offered
Data Shows 93% of Truckers Would Use Instant Payments if Offered
August 19, 2024  |  Real-Time Payments

The transportation industry is a high-speed world of logistics and delivery, where efficiency and speed are paramount. Yet, the methods by which many transportation businesses...

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Target Says Time’s Up For Paying With Paper Checks
Target Says Time’s Up For Paying With Paper Checks
July 05, 2024  |  Payment Methods

Paying with paper checks at Target will soon be a thing of the past. The retailer said it will stop accepting personal checks at its...

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Verification Firm Mitek Debuts MiControl as Check Fraud Triples Since 2018
Verification Firm Mitek Debuts MiControl as Check Fraud Triples Since 2018
February 15, 2024  |  Fraud Prevention

Digital payments may be growing in popularity, but the use of paper checks persists. So too does check fraud, which reached record levels in 2023....

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B2B Extinction Event: Can Electronic Payments Automate Away Paper Checks?
B2B Extinction Event: Can Electronic Payments Automate Away Paper Checks?
December 20, 2023  |  B2B Payments

The year is 2023, almost 2024, and we are decidedly in the digital era.  After all, things like artificial intelligence (AI), space travel, gene-editing, and...

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