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The Future of Checks – Tales From The Crypt

South State Correspondent

As check volumes continue to decline as instant payments take hold and fraud increases, we predict the cost per check will hit over $15 per check by 2026. We predict that banks will realize this at the end of 2024 and become more proactive in moving their customers off checks and onto ACH and instant payments.

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Recap of Money 20/20 USA 2023 and 10 Banking Thoughts

South State Correspondent

Our Top 10 Insights From Money 20/20 From these sessions and announcements, we pulled out ten of our most important takeaways, each having an impact on bank operations in the coming year. In order of our perceived importance, here is our breakdown: 10.