Resources

Why the Unbanked Refuse to Cash Checks
How to pay them and keep accounts reconciled

63 million adults in the U.S. are considered unbanked or underbanked — spending over $180 annually to cash checks at check-cashing stores. For a community that vastly lives paycheck to paycheck, they cannot afford these extra costs.

In this white paper you will learn about:

• The U.S. unbanked population, why they are unbanked, and banking alternatives
• How uncashed checks and escheatment laws affect your company
• Why Rapid Financial Solutions is dedicated to offering a variety of disbursement options

Check Fraud
Every industry and person can fall victim

Check fraud results in tens of billions of dollars lost annually. Paying by check is more susceptible to fraud than any other kind of payment and is more expensive. Clayton County, Georgia has experienced check fraud several times but “thankfully, with CourtFunds handling all transactions from now on, we won’t have to deal with this ever again.”

In this white paper you will learn about:

• Different forms of check fraud and how it is committed
• What happens when your company falls victim to fraud and how to prevent it from happening
• How Rapid Financial Solutions eliminates the risk of check fraud from happening to your company