Check Cashing news and trends

NYDFS Slaps Cap on Check Cashing Fees
Regulation // January 19, 2023

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...

PayPal Temporarily Waives Check-Cashing Fees For Stimulus Checks
Coronavirus // April 24, 2020

PayPal has temporarily suspended check-cashing fees for stimulus checks issued as part of the federal government’s coronavirus relief efforts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Instant Payments Are Killing The Check (Not So Softly) 
Alternative Finances // November 07, 2017

No one likes getting a check. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to...

Everyone Hates Payday Lenders And Check Cashers (Except The People Who Use Them)
Loans // June 27, 2017

Everyone hates consumer lenders — politicians, consumer groups, prayer circles — except the people who use them. They tend to like the products — and favor continued access to them. And that is not, as University of Pennsylvania Professor Lisa Servon says, a symptom of...

Interviews & Exclusives
Instant Payments Are Killing The Check (Not So Softly) 

November 07, 2017
No one likes getting a check. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of […]

Everyone Hates Payday Lenders And Check Cashers (Except The People Who Use Them)

June 27, 2017
Everyone hates consumer lenders — politicians, consumer groups, prayer circles — except the people who use them. They tend to like the products — and favor continued access to them....

Cash As Budding Problem And Pot-Hole (For Banks)

March 28, 2017
The death of cash may be wildly exaggerated, but for banks, cash is a dual edged sword: Store of value and store of risk. In the latest Data Drivers, Hypur...

Quick Reads
NYDFS Superintendent Harris Hails Court Approval of Check Cashing Regulation

December 07, 2023
New York Department of Financial Services (NYDFS) Superintendent Adrienne A. Harris has hailed a Thursday (Dec. 7) court decision that upholds the state’s new check cashing regulation announced in January. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, […]

PayPal Temporarily Waives Check-Cashing Fees For Stimulus Checks

April 24, 2020
PayPal has temporarily suspended check-cashing fees for stimulus checks issued as part of the federal government’s coronavirus relief efforts. Get the Full Story Complete the form to unlock this article...

Banks Want In On Check-Cashing Business

April 14, 2016
The New York Times reported that banks are getting into the check-cashing game, charging fees for the service. Get the Full Story Complete the form to unlock this article and...

Santander’s Deal To Ease Bank Account Access

February 23, 2015
Santander Bank will relax its standards for approving new checking and savings accounts under a deal announced on Friday (Feb. 20) with New York’s attorney general. Get the Full Story...