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

In Lending, Next-Day Payout Doesn’t Cut It

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,...

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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...

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How To Get SMEs To Switch From Checks To ACH
How To Get SMEs To Switch From Checks To ACH
June 30, 2017  |  B2B Payments

Through its integration with QuickBooks Online, Bill.com says it wants to help SMEs begin paying bills electronically. So why has it included capabilities for SMEs...

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NEW REPORT: How Push Payments Pull Payments Innovation Forward
NEW REPORT: How Push Payments Pull Payments Innovation Forward
May 04, 2017  |  Disbursements

With all the new payment innovations on the scene, it seems like the paper check is the party guest that failed to RSVP and refuses...

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A FinTech Reality Check: Paper Checks Need Attention
A FinTech Reality Check: Paper Checks Need Attention
March 24, 2017  |  B2B Payments

Amid the slew of announcements coming out of SAP Ariba Live, mobile capture software company Mitek revealed a new collaboration with the company that enables...

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Unlocking Paper Checks’ Potential With APIs
Unlocking Paper Checks’ Potential With APIs
March 13, 2017  |  B2B Payments

The paper check has a nasty reputation in B2B payments as a cumbersome, manual and risky payment rail. Yet data from the 2016 Association of...

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Japan’s Top Bank Testing Digital Checks On Blockchain
Japan’s Top Bank Testing Digital Checks On Blockchain
February 21, 2017  |  B2B Payments

Blockchain has significant potential to disrupt B2B payments in the name of digitization and security. And with paper checks as some of the most manual...

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India SME Payments Stifled By Demonetization
India SME Payments Stifled By Demonetization
November 15, 2016  |  B2B Payments

India has demonetized its 500-rupee and 1,000-rupee currency notes, a move made earlier this month, as the government looks to curb counterfeiting. But the decision came...

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