Though financial transactions are increasingly becoming electronic, the use of physical checks, particularly in business settings, remains prevalent. However, this traditional form of payment carries inherent risks, primarily fraud and unauthorized use. In fact, in a survey conducted by the Association For Financial Professionals (AFP), 63% of respondents said their…

In today’s fast-paced world, it’s easy to forget our roots. You might think of mailing checks as an outdated process, but the truth is that it’s still one of the most effective ways to handle payments. In fact, The Federal Reserve reported that checks comprise 15 percent of all non-cash…