The Future of Checks – Tales From The Crypt
South State Correspondent
OCTOBER 25, 2023
The banking industry, pushed by the events of 9/11, moved to check imaging by the Check 21 Act in 2003. Aside from the logistical and compliance problem of check processing, the payment channel is fraught with other problems even in its imaged state. Checks will become too costly for the household, business, and bank to process.
Let's personalize your content