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Tuition, Digital Disbursements And The Paper Chase

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Colleges have had the ability to issue grants and refunds via ACH for 20 years, but government regulations insist on the tangible, tactile paper check as payment mode of choice despite its well-known weaknesses — lack of speed and security, plus an error-prone nature.

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Mobilizing Student Loan Disbursements

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New and innovative disbursement methods are bringing change to the industry, though. Some lenders are turning to reloadable debit cards and other disbursement tools to both provide more direct loan fund access and retain greater transparency. The latter could potentially lead students to spend funds more frivolously.

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June’s Top 12 Mobile Pay Moments

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On June 9, JPMorgan Chase recently announced that it secured a multi-year deal with Shell to accept Chase Pay at all of its gas stations. Now, as part of its new deal with Shell, it appears Chase is on its way to securing more support for its mobile wallet service that’s likely to be launched into market soon. ” RIP CurrentC.

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