(source: en.wikipedia.org)
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Banks and bursars’ offices are doing their part to tamp down America’s ballooning college debt crisis … by disbursing tuition monies painfully slowly. The punchline isn’t all that funny, actually, as 21st century college lending remains mired in paper checks and legacy disbursement systems. Get...
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Legacy technology issues abound these days, but for sheer scale (and a good giggle) always look to the government. In 2018, one laughable incident involved the U.S. Air Force budgeting $10,000 per seat to refurbish toilets on the country’s aging fleet of Cold War-era nuclear...
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Payments made with cash and checks are dropping in volume — the use of cash alone declined 40 percent over the past five years in Canada. Instant payments started 2020 on a high note, however, with the adoption of real-time payments and other speedy disbursement...
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