Episode 200: Check fraud is a BIG problem!

This episode reviews an article from the ABA banking journal titled “Is it time to kill the paper check?” by Evan Sparks and an article from The Business Journals titled “Big brands are ditching paper checks. Small-business owners might not be able to do the same” by Andy Medici. These articles detail the current usage of checks in the banking system and why fraud with bank checks is so prevalent. Is it time to replace paper checks? Are the alternatives really that great? Is getting rid of checks even feasible? Links to both articles are included below.

Link: How to know if paper checks are still a good payment option - The Business Journals (bizjournals.com)

Link: Is it time to kill the paper check? | ABA Banking Journal