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original paper checks over multiple days. By shifting to electronic collection and presentment, the Federal Reserve reduced its …
Persistent link: https://www.econbiz.de/10010552109
. Today, the rapid growth of online bill payment looks to threaten checks’ last redoubt. However, bill payment technology is … what extent the displacement of checks will continue. …
Persistent link: https://www.econbiz.de/10005526526
This paper discusses changes in the financial sector that threaten traditional check-cashing outlets (CCOs). Specifically, the paper focuses on four developments that may radically alter the check-cashing industry over the coming decade: the growing use of electronic payments, the deployment of...
Persistent link: https://www.econbiz.de/10005512371