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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 . New York offers retirees direct deposit for disbursements, for example, and agencies in Idaho now facilitate digital payouts for child support payments.

Payments 130
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Kicking The Paper Check From Its Public Payment Perch

PYMNTS

“That is just the start of what institutions can do with a digital disbursement program as they continue to evolve with new technologies and mechanisms to improve.”. The challenge moving forward is to enable the right players to connect to the right set of technologies and mechanisms for their needs, said Cleary. A Patchwork Project .

Payments 188
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The top-performing community banks of 2021

Independent Banker

Whether it’s products and services, technology strategies or employee benefits, independent community banks decide on their own terms what’s best for their business and their customers. 3-yr average pre-tax ROA. pre-tax ROA: 3.08%. pre-tax ROA: 2.83%. pre-tax ROA: 2.68%. 3-yr average pre-tax ROA. Tuscaloosa.

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Digital License Plates Vie For Place In Connected Car Ecosystem

PYMNTS

The plates also offer geo-fencing technology that, at least for now, is meant to track “government or business vehicles,” though it could soon help with automated parking and serve as a conduit for marketing tasks. The technology could have a significant role in the connected vehicle ecosystem, and in the rise of smart cities.

Michigan 139
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The 2018 GonzoBanker Awards

Gonzobanker

To be in Chip’s presence is to soak up energy, optimism and the mash-up of traditional banking and technology. Hats off to Greg for taking a $600 million credit union to a $5 billion innovator over his 25 years at the helm. Gerry is a financial executive who truly gets the impact of the technology shift under way in banking.

Fintech 105