Cut the Paper Trail: The Case for Electronic Payments Over Checks

Join us for an eye-opening presentation on Check Zero, a groundbreaking program designed to eliminate the use of checks by leveraging modern payment solutions such as ACH, Same Day ACH, RTP, and FedNow. Discover how your institution can transition from outdated check-based systems to secure, efficient, and real-time digital payments while significantly reducing the risk of check fraud. The session will cover the concept of moving to Check Zero and whether it is achievable. It will highlight the prevalence and impact of check fraud, making a strong case against the continued use of checks. Modern payment solutions, including ACH and Same Day ACH, will be discussed, focusing on their benefits and use cases. Real-Time Payments (RTP) will be explored for their ability to facilitate instant transactions, and FedNow will be presented as the future of real-time payments.