PYMNTS
NOVEMBER 23, 2020
Even before the pandemic — and the stimulus bills that sent trillions of dollars via check into consumers’ (and not a few fraudsters’) hands — the alarm bells were tolling. that check scams were on the rise. Back then, Edwards noted that mobile check fraud was escalating so much that some banks were shutting off the feature entirely.
PYMNTS
SEPTEMBER 17, 2020
“Pandenomics” may usher in a new age for mobile check capture and deposits. In fact, we might not go back to the bank in person at all unless we have to, say, sign and notarize a mortgage document or cash a (paper) cashier’s check. Does Growth In Mobile Texts Portend Growth In Mobile Checks?
PYMNTS
AUGUST 4, 2020
PYMNTS has been writing for years about the ongoing push to #killthecheck, but paper checks live on because of their ubiquity of acceptance and simplicity to issue despite the fact that most people on the receiving end really hate getting them. The majority of the misprinted checks were sent to businesses receiving corporate tax refunds.
Payments Dive
FEBRUARY 23, 2016
Checks printed by Harland Clarke now include 'Photo Safe Deposit' features recognized only by advanced computer vision embedded in Mitek mobile deposit software.
PYMNTS
MARCH 26, 2020
If ever there was a time to kill the check, that time would be now. The remaining tens of millions, those who do not have direct deposit payment information on file with the IRS … will have to wait for the proverbial (paper) check in the mail. They steal checks. That’s about 70 million Americans.
PYMNTS
SEPTEMBER 16, 2016
In order to improve the mobile deposit experience, the financial institution should target deposit errors and speedy processing and bring clearer terms of use to customers. Among the leaders in mobile deposit: Capital One and BBVA, said the survey. Only 53 percent are deemed “highly active” users.
PYMNTS
JUNE 15, 2018
Checks may not be elegant, but in the absence of a card reader dongle, they’ll get the job done. He probably accepts cash and checks. And he probably brings that stack back to the office at the end of the day — or perhaps every couple of days — to do a big batch of deposits all at once. He’s got a repair guy on the way.
Expert insights. Personalized for you.
101 
Let's personalize your content