Checkbook is Revolutionizing Payment Processing and Transforming a Billion-Dollar Industry
Posted by Checkbook on Jun 23, 2022
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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.”
Castifi Leverages Checkbook to Solve Instant Payments for Thousands in the Film Industry
“Many of the cast and crew members that we work with can’t wait 2-3 weeks to get paid, which is currently the industry norm. Our users regularly tell us about the difficulties of managing everyday expenses and uncertainty around when they will get paid. Finding a solution like Checkbook.io has allowed our users to get paid within 1-2 business days which is a game changer for our core business,” says Castifi’s CEO Rum Sheikhani.