For some, writing a check is second nature. For others, it may seem as antiquated as using a rotary phone. “While we’re all used to grabbing our laptop or phone when it’s time to make a payment, there ...
This transcript was prepared by a transcription service. This version may not be in its final form and may be updated. J.R. Whalen: Lots of people are still writing out paper checks, and that's raised ...
Typewriters vanished, and then cassette tapes and encyclopedias did, too. But paper checks are one piece of our analog past that persists. American consumers and businesses wrote 11.2 billion checks ...
In 2005, NBC News reported that the use of checks to pay bills was declining and that the majority of people writing them were old geezers such as me. That year, the Federal Reserve reported that an ...
A big banking industry group, not surprisingly perhaps, suggests that consumers stop writing paper checks to stamp out the proliferation of check washing scams. Stop writing checks? It's seriously one ...
In this edition of Money Minute, Paul Folger covers why money experts are saying to stop writing checks. “No more check writing. Checks are a huge source of fraud,” said Erin Procko, the president of ...
This transcript was prepared by a transcription service. This version may not be in its final form and may be updated. J.R. Whalen: Here's Your Money Briefing for Thursday, May 25th. I'm J.R. Whalen ...