Germany Plans to Eliminate Checks Entirely by 2027
Germany is bidding farewell to the paper check. Once a staple of everyday payments, checks are now all but obsolete, and the government plans to eliminate them completely by the end of 2027—a glimpse of a check-free world that’s unfolding in the U.S. A report from the Library of Congress underscores just how far Germany […]
Visa & Main Brings Holistic Tools and Financing to Small Businesses
Small businesses power the U.S. economy, but for many, the access to reliable financing remains a persistent challenge. To help close that gap, Visa has launched Visa & Main, a platform designed to centralize working capital and provide critical tools for smaller enterprises. “Offering working capital and client acquisition tools are not new in the merchant […]
Late Payments? Governments Are Taking Action
Over the past two decades, payment systems in most developed markets have moved from slow, multi-day processes—like checks—to near-instant transfers between counterparties. Yet, while buyers can now move funds in real time, many still delay payments, often to maintain cash reserves within their supply chains. As Hugh Thomas, Lead Analyst, Commercial & Enterprise at Javelin […]