White Papers

Why the Unbanked Refuse to Cash Checks

How to pay them & keep reconciled accounts

63 million adults in the United States are considered unbanked or underbanked. Unbanked consumers spend 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 United States’ 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

Instant Download

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 is 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

Instant Download