FISV - Fiserv expands more digital payout choices for businesses in collaboration with Checkbook

Fiserv (NASDAQ:FISV) expanded the diverse portfolio of payout options available to businesses using its Carat operating system to include digital checks. Enabled in collaboration with Checkbook, an all-in-one push-payments processor, this new capability allows businesses that deliver mass payouts to offer additional choice, speed the delivery of funds to customers, and reduce operational costs associated with paper checks. At Fiserv, digital payouts are part of the Carat operating system that securely delivers pay-in and payout capabilities across channels and devices. With checks remaining one of the most popular payout methods in the U.S., and accounting for 42% of all B2B transactions, Checkbook is laser-focused on a market that has both traditionally and statistically been underserved.

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Fiserv expands more digital payout choices for businesses in collaboration with Checkbook