Remove Check Clearing Remove Fed Remove Payment Initiation
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How The FedNow Service Could Keep Checks In B2B Payments

PYMNTS

But reports also noted that the acceleration of check payments could have significant impact for companies and small businesses that use paper checks to pay vendors or employees. Keeping Checks In B2B Payments.

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The Fastest Path To Faster Payments In The US

PYMNTS

The path to faster payments in the U.S. Instead, we could do something right away — or almost right away — that would make payments between consumers and businesses faster. We could kill the check – and the checks rails that exist to support them. KILL CHECKS RATIONALE #2: CAN ELIMINATE THE COSTLY CHECK CASHERS.