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Checkbook is Revolutionizing Payment Processing and Transforming a Billion-Dollar Industry

Posted by Checkbook on Jun 23, 2022

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Top Takeaways from Nacha's Annual Conference

Nacha’s annual conference is the place to be if you’re in the payments industry, and this year’s event—Smarter Faster Payments 2023—was no exception

The Anatomy of a 99% Completion Rate

Most payments happen without payors or recipients ever having to think about them. And that’s the way it should be—in a perfect world, every transaction would be seamless. But it’s not a perfect world, and the reality is that only between 92–95% of payments are completed successfully. While at first glance, that statistic may not be jarring, but think of it this way: what if your paycheck bounced 8% of the time? Suddenly 92% seems a far cry from acceptable.

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