Checkbook is Revolutionizing Payment Processing and Transforming a Billion-Dollar Industry
Posted by Checkbook on Jun 23, 2022
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Fiserv Adds Digital Checks to Payout Options
Financial services tech company Fiserv says it has expanded the portfolio of payout options for businesses using its Carat operating systems to include digital checks. According to a Wednesday (June 8) news release, the new offering is part of a collaboration with payments processor Checkbook, Inc. and “allows businesses that deliver mass payouts to offer additional choice, speed the delivery of funds to customers, and reduce operational costs associated with paper checks.”
Checkbook.io Launches InstantPay
Julie Muhn of Finovate says, "The technology works because Checkbook.io doesn’t use the antiquated ACH infrastructure, which requires recipient onboarding and takes three to five business days to move funds from one account to another."