FloQast

NOVEMBER 27, 2023

There’s no room for “close enough”; it’s about rigorous internal checks, clear documentation, and full disclosure. Public companies, under Section 404, need to keep their financial reporting game strong. And for those businesses looking to step into an IPO, the expectations are even higher.

Compliance 52

Compliance Risk Assessment Audit Risk Management 52

PYMNTS

MARCH 28, 2016

But, don’t look for the recommendation to kill checks to emerge from the report that the 500+ person Fed Task Force that’s examining the path forward for the U.S. Getting rid of checks, on a wholesale basis, granted, is a lot harder. is said to issue by year’s end. The public outcry caused the plan to be put on ice.

Faster Payments 48

Faster Payments Checks Payments Fed 48

PYMNTS

APRIL 15, 2016

After all, if an SME is frustrated at the speed at which a paper check clears, then why not stop using checks? Don’t use a check.’”. What if, instead, the argument can be made for SMEs to be more selective with the way they send and receive payments in favor of methods that are faster? ’”.

Faster Payments 40

Faster Payments Payments Checks Small Business 40

Nanonets

SEPTEMBER 28, 2023

" Be sure to sign the check, and then hand it to the contractor. If you're paying by check, you'll need to make sure that the check clears your bank before the contractor can access the funds. For example, "Payment for services rendered." This can take a few days, so be sure to plan ahead.

Wire Transfer 52

Wire Transfer ACH Wires Wire 52

Nanonets

SEPTEMBER 28, 2023

" Be sure to sign the check, and then hand it to the contractor. If you're paying by check, you'll need to make sure that the check clears your bank before the contractor can access the funds. For example, "Payment for services rendered." This can take a few days, so be sure to plan ahead.

Wire Transfer 52

Wire Transfer ACH Wires Wire 52

PYMNTS

JULY 24, 2017

The paper check clearing system is the biggest drag on faster payments in the U.S. to date — and, just like that, we’d have the $22 trillion dollars’ worth of paper checks that still float around the system each and every year instantly turn digital. Because innovation in payments waits for no man, not even The Man.

Fed 47

Fed Faster Payments Ubiquitous Same Day ACH 47

PYMNTS

MARCH 14, 2016

In fact, it’s not surprising at all that Revolution Money pretty much fizzled not long after the check cleared to the PR firm that wrote that September 2007 press release. As this dream of “transformation” went, so does pretty much every other platform play in payments. And in most other industries. It’s normal.

Bitcoin 43

Bitcoin Blockchain Innovation Push-to-Card 43

Evolve Payment

JANUARY 21, 2025

You can scan and deposit checks electronically from your office using a secure check reader. Checks are converted into a digital format thats easy to transmit and receive, reducing processing time. RDC results in checks clearing in 2-3 days instead of the traditional 7-10 days typical for ACH.

ACH 52

ACH RDC Remote Deposit Capture Innovation 52