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Posts in category "Payments"

10/13/2017

What’s Next for Checks? A New Deluxe Webinar Offers Data-Driven Answers

It’s no secret that paper check volumes have been in steady decline in the US for the past two decades. Some have openly wondered whether remaining volumes will “fall off a cliff” sometime soon. Predictions of the death of the check are nothing new- in the early 2000s I worked for an electronic commerce company…

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08/30/2017

Will faster payments hit a wall?

The Federal Reserve Faster Payments Task Force has published their final report, which was the collaborative effort of over 300 industry participants. The key take-away from the 64-page report was a call to action for US financial institutions to be capable of receiving a faster payment by the year 2020. Given the short period of…

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05/01/2017

Blockchain and Banks: What’s in Store for 2017 and Beyond

“Blockchain will do to the financial system what the Internet did to media.” — Harvard Business Review “Around 80% of banks are developing their own blockchain technology.” — ValueWalk “Blockchain will be used by 15% of big banks by 2017.” — Fortune Google the phrase “blockchain and banks” and you’ll get more than half a million results, many…

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01/19/2017

The Paper Check Lives: Why the Check Decline Slowed in 2016

You might not yet have seen the results of the new Federal Reserve Payments Study; after all, the summary was released just before the long Christmas holiday. But when you do, one thing that will stand out is the tremendous good fortune of the check – which had been on a collision course with irrelevance…

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11/28/2016

Cyber Week Offer & 5 Reasons Why You Can’t Miss Deluxe Exchange 2017

If you’re like most financial institution marketers, the first quarter of your year is consumed by the drive to build momentum, implement new initiatives and ensure existing programs are rolling along — all while continuing to prove your team’s effectiveness to C-suite decision-makers. Even if it’s being held in a warm location when you’re buried…

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11/07/2016

Shades of Gray: Brazil’s Odd Check Clearing Rule

Brazil’s banking industry association, FEBRABAN, caused a minor uproar earlier this year when it made the .PNG file its official legal format for scanned check images. While the move got little attention outside of its narrow industry niche, it had many banks complaining about operations nightmares and clamoring to get the decision reversed. Why was…

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06/16/2016

Online Check Ordering: Where Consumers and FIs Find Common Ground

No matter how much they need each other — and they do — financial institutions and their account holders aren’t always on the same page. When it comes to buying products and services, today’s consumer is looking for a seamless experience and more and more often, an online experience. Unfortunately, when it comes to check…

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