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Posts tagged with "Payments"

01/16/2014

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…

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01/15/2014

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…

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