article thumbnail

Why State And Local Governments Struggle To Shred The Paper Check

PYMNTS

Fifty-one percent of United States consumers stated in the most recent PYMNTS Disbursements Satisfaction Report that they would prefer to receive tax refunds, child support payments and other government payments through instant payout methods. The state of Illinois is still considering digital disbursements, though innovation remains slow.

Idaho 130
article thumbnail

State And Local Governments Wrestle With Faster Payments

PYMNTS

Illinois printed and mailed $1.3 Illinois could have saved an estimated $1 million by digitizing its payments. Illinois could have saved an estimated $1 million by digitizing its payments. More states are starting to use recurring digital payments as the means by which tax refunds and other government monies are paid out.

Payments 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Oportun Personal Loans Review: For Borrowers With No Credit

MyBankTracker

To apply, you must live in one of the following states : Arizona California Florida Illinois New Jersey New Mexico Nevada Texas Utah Idaho (online only) Missouri (online only) Wisconsin (online only) Currently, you can only apply if you receive an offer code in the mail, but the company plans to open applications to the public in the near future.

Idaho 52
article thumbnail

FI Highlight: National Police Credit Union

Banking 2020

CPFCU exclusively served the Chicago Police Department until 2011, when it began expanding to other police departments in the Chicagoland area and the State of Illinois, with the most recent addition being the National Fraternal Order of Police in 2014.

article thumbnail

Fintech Fundings: 26 Companies Raised $530 Million Third Week of July

Fintech Labs Insights

HQ: Chicago, Illinois. Tax filing portal. HQ: Chicago, Illinois. HQ: Chicago, Illinois. Tags: Consumer, payments, debit card, billpay, funds transfer, mobile, personal financial management, PFM. Source: Crunchbase. West Creek Financial. Consumer piont of purchase financing. Latest round: $25 million Debt.

Fintech 12
article thumbnail

Fintech Fundings: 30 Companies Raised $330 Million First Week of August

Fintech Labs Insights

HQ: Evanston, Illinois. Self-employment tax payments. Tags: SMB, payments, merchants, credit/debit cards, acquiring, POS. Latest round: $500,000 Debt. Total raised: $3.97 HQ: Austin, Texas. Source: Crunchbase. BrightPolicy. Home insurance portal. Latest round: $125,000 Seed. Total raised: $125,000. Acclerator: 500 Startups.

article thumbnail

State Farm Insurance Review: Optional Coverages & Discounts

MyBankTracker

The Illinois-based insurer is consistently rated A++ by A.M. Get access to ID cards. State Farm’s whole life insurance product is a permanent life insurance policy with a consistent premium that accumulates a cash value that can grow tax-deferred. Industry ratings. Request roadside assistance. Connect with your agent.