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US Local Governments And The Slow Death Of The Check

PYMNTS

State agencies handle disbursements for property refunds, public programs, taxes and more, and many are still clinging to paper checks as part of their processes, even as they adopt ACH or direct debit payments. The same is true for business entities on other tax programs. Texas and Oregon do not share such plans.

Oregon 131
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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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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. Instant payments are lauded for their convenience, ease and most importantly, for their speed.

Idaho 130
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State And Local Governments Wrestle With Faster Payments

PYMNTS

Legacy technology issues abound these days, but for sheer scale (and a good giggle) always look to the government. Technology saved taxpayers big money there. But as the report details, state and local governments have a growing awareness and understanding of disbursements technology that offers speed and accuracy.

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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Microsoft, Lawmakers Boost Marijuana SMEs’ FinServ Fight

PYMNTS

The move, reports said on Friday (June 17), makes Microsoft the largest tech conglomerate to step into this vertical and will see the firm providing cloud technology and services to track the industry’s transactions, seed-to-sale. “This is an invitation to robberies, money laundering and organized crime.

Oregon 101
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Governments Fuel Blockchain’s Global Proliferation

PYMNTS

According to reports, Kaliningrad governor Anton Alikhanov and VEB chairman Sergey Gorkov met with officials at the Russian Investment Forum to announce their collaboration using, according to Alikhanov, VEB’s “competence in the area of blockchain technology. In Spain, regulators are reportedly exploring how to support blockchain developers.