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Don’t Write Off The Paper Check Just Yet

PYMNTS

Earlier this month, the company announced a buyback program to help financial institutions (FIs) trade in their broken Remote Deposit Capture (RDC) tools for an upgrade. Separate data from the Association for Financial Professionals (AFP) found use of the paper check increased in 2016.

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Unlocking Paper Checks’ Potential With APIs

PYMNTS

Yet data from the 2016 Association of Financial Professionals’ Electronic Payments Survey released last September actually found a 1 percent increase in corporates’ use of paper checks compared to two years ago. Today, Ballagh said, RDC technology has advanced to make the process of accepting a check even more seamless. API Steps In.

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