Why Do Personal Checks Still Exist?

Personal checks are steadily falling into disuse. They’re kind of like fax machines—outmoded, slow, with only a hardened group of people still using them even as they become less practical. Is there any good reason to still use paper checks? In some cases, yes—although you still have to be careful about identity…Read more...
Tags: Money, Banking, Economy, Credit Card, Lifehacks, Financial Services, Cheques, Debit Card, Payment Processor, Cheque, Payment Systems, Remote Deposit, Non Sufficient Funds

The demise of the chequebook

The use of cheques has fallen about 80% in the past decade as consumer habits shift and digital payments continue to gain traction The post The demise of the chequebook appeared first on The Mail & Guardian.
Tags: Business, Cheques, Reserve Bank, Absa, Standard Bank, Finance Minister, Top Six, Financial Transactions, Tito Mboweni, South Africa (country, Payments Association of South Africa

Is there an app for that? In San Francisco, the answer is often no

Silicon Valley has delusions of grandeur and should concentrate on problems closer to home It’s something of a running joke in San Francisco that there are so many startups designed to meet the needs of twentysomething, freshly dropped out of college wannabe startups: food delivery to your door (SpoonRocket, DoorDash, Instacart), laundry delivery to your door (Rinse, Sudzee, Instawash), marijuana to your door (Eaze, MediThrive, the Green Cross), car parking from your door (Luxe, ZIRX). A rich va...
Tags: Apps, Technology, San Francisco, Silicon Valley, North America, Cheques, Green Cross