Landmark Class Action Distribution Utilized Digital Checks From Checkbook.io Saving Time And Cost

Posted by Checkbook on Nov 08, 2017

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How The Money Flows: Payments for Cash Advance

There’s probably been a time in your life when you had an unexpected emergency arise and didn’t have the money to address it until your next paycheck. If you don’t have friends or family to help, there aren’t many reputable solutions that can get you money quickly. That’s where cash advance comes in: it’s a short-term lending tool designed to bridge the financial gap between paychecks.  Here’s a look at the cash advance industry as a whole and how changing market conditions have made faster payments a necessity.

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Checkbook.io’s Link to Plaid Looks to Bring Verification to Real-Time Payments

As the payments business moves toward faster settlement, verifying payor accounts becomes crucial, yet for non-card payments, “there’s a gap there,” notes Patricia Hewitt, principal at PG Research & Advisory Services LLC, a Savannah, Ga.-based payments consultancy.

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