The U.S. economy now runs on electronic payments, and every purchase and sale depends on an intricate network that involves ...

The dialogue leading up to the World Humanitarian Summit (May 2016) has cast a spotlight on humanitarian cash transfers. Significant global attention has centered on the role of cash transfers in ...

Paperless systems are fast becoming the standard across different industries in the U.S., and healthcare is no exception. Even the U.S. government is moving in this direction, as the U.S. Department ...

In a move to make payments more efficient and to reduce the risk of fraud, the federal government is changing both how they receive taxpayers’ payments as well as how they make payments to others.

The Social Security Administration is transitioning away from paper checks. Later this year, only electronic payments will be used for benefit payments, the agency announced July 14 as part of an ...

Electronic messages can circle the globe in an instant these days. But electronic payments can still take days to complete, and that slow pace puts consumers at greater risk of getting hit with late ...

The check will no longer be in the mail. Social Security will only be paying benefits electronically. The Social Security Administration will no longer be sending checks as an effort to modernize the ...

The ease of an electronic payment transaction can be downright glorious for a cash-strapped, time-pressed customer. With a phone or tablet in close range of a register, you can buy your groceries ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. When was the last time you went out for dinner and paid cash? Or wrote a check at the ...

The Social Security Administration (SSA) is embarking on one of the most significant changes in its history. By September 30, 2025, the era of paper checks will end, making way for a completely ...

This year, the landscape of federal benefit payments is undergoing a significant transformation. The Social Security Administration (SSA) and the Department of Veterans Affairs (VA) are moving towards ...

The government is planning to phase out paper checks for most consumers receiving Social Security benefits and other federal payments starting Tuesday. The transition is prompted by an executive order ...