What is a Substitute Check

What is a Substitute Check?

Substitute checks are copies, normally electronic, of a standard paper check. The enactment of the Check Clearing for the 21st Century Act (The Check 21 Act) on October 28th of 2003 began allowing the U.S. citizens to practice check truncation, a process of extending electronic copies of checks in order to eliminate needs for physical […]

The Cost of Issuing Checks

The Cost of Issuing Checks

Checks, as a universal form of payment, have been witnessing a vast decline within these last two decades. The introduction to automation services, such as ACH (Automated Clearing House) and Wire Transferring, has led global businesses to reduce check-cutting costs and turn to some more convenient and, importantly, much cheaper options. That said, what is […]

Friday’s Motivational Sermon: How to NOT Fail!

Friday’s Motivational Sermon: How to NOT Fail!

Friday’s Motivational Sermon: How to NOT Fail! Motivation is the key to success. And sometimes I firmly believe we need to be inspired again, as in, refueled with reminders of what it means to be motivated. So sometimes, in my darkest hours, I watch videos which inspire me. This video is an old favorite I lean […]