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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
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Deep Dive: Why State And Local Agencies In The US Still Struggle With Instant Payments

PYMNTS

Government disbursements can range from child support payments and annual tax returns to pension and retirement fund payouts. Payment Challenges Stall Government Innovations . All parties involved in sending or receiving disbursements must be able to easily share payment data to speed payouts to residents and ensure security.

Payments 130
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Kicking The Paper Check From Its Public Payment Perch

PYMNTS

At base, every government agency wants three simple things when it comes to disbursements: increased efficiency, transparency and security. The main challenge in innovating public payments in the U.S. We’ve known for more than 10 years that there are issues with mailing checks, which is why we’ve seen over 4.5 A Patchwork Project .

Payments 188
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Digital License Plates Vie For Place In Connected Car Ecosystem

PYMNTS

Security and Marketing. Idaho, Colorado, Maryland and Washington, D.C. launched a test in 2016 to secure digital drivers’ licenses, and Wyoming joined the program the following year.”. Besides California, states such as Arizona, Texas and Florida are moving toward use of digital license plates.

Michigan 139
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The top-performing community banks of 2021

Independent Banker

3-yr average pre-tax ROA. Cumberland Security Bank, Inc. First Security Bank of Deer Lodge. pre-tax ROA: 3.08%. pre-tax ROA: 2.83%. pre-tax ROA: 2.68%. In true community bank fashion, each has its own story to tell and its own path to success. Molly Bennett, executive editor, Independent Banker. Tuscaloosa.