Remove Checks Remove Funds Availability Remove Mobile Deposit
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Paper Checks, COVID-19 And The Flaw With Analog Relief Payments

PYMNTS

During a White House press conference Tuesday, (March 17), Treasury Secretary Steven Mnuchin told reporters of the administration’s intention to get relief funds into consumers’ hands as quickly as possible. We’re looking at sending checks to Americans immediately. Americans need cash now and the President wants to get cash now.

Checks 73
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Mobile to the Max

FICO

This week’s reveal: prior to March 2020, I had never used the mobile deposit feature of the banking app on my phone. Since then, I’ve deposited nearly a dozen checks using this nifty capability. First, I still get a lot of paper checks. Mobile deposits are so easy!”. What does it mean?