Business<br />
Insights that<br />
drive results


Insights that
drive results

Posts in category "Payments"


For payments, small businesses prefer evolution to revolution

Now is not the time to turn your back on the good old business check. Sometimes it might seem as though checks have no future and no longer provide the utility necessary to keep up with today’s fast-paced economic climate. I can assure you that’s not the case. I’m not going to argue that check…

Read More >


Checks still have an important role, and they’re playing it

In 1990, I don’t recall ever entering a retail store and seeing a “We do not accept checks” sign staring back at me as I stood at the register. Retailers knew customers carried checks and checks were preferred by many as their favorite method of payment. But times have changed, and today it sometimes seems…

Read More >


Payments: What Lies Ahead?

By Lee Manfred and Melissa Fox, First Annapolis Consulting Payments — whether they’re made by check, cash, debit, credit, or, increasingly, prepaid — are a daily activity for consumers and an important part of a financial institution’s customer value proposition.   First Annapolis estimates that 158 billion payment transactions were performed in 2013, representing $51 trillion…

Read More >


The QWERTY Wallet

  Last year, Money 2020 come onto the scene with a bang, so much so that their follow up 2013 event was going to struggle to live up to the hype. I was fortunate to attend Money 2020 in October, and while the attendees grew to about 4,200 people, the content lacked last year’s provocative spark….

Read More >


Financial Institutions Place Importance on Innovation

Financial institutions are making decisions to help them prepare for both the present and future.  These initiatives may be helping many stay ahead of the curve when it comes to technological advances. Approximately 75 percent of financial institutions noted that they are increasing their investment in innovation, especially when related to customer banking channels, according…

Read More >


Reports of the death of the check have been greatly exaggerated*

*With  apologies to Mark Twain…. September’s semi-annual Finovate meeting held in New York City was, as usual, a fascinating window into the latest developments in the financial technology arena. I found Deluxe eCheck, our newly announced joint offering with Verify Valid, to be one of the most intriguing new products showcased.  I realize my perspective…

Read More >