The problem with approaching the underbanked market with products and services designed by banked consumers seems obvious. Banked consumers do NOT understand the consumer. When I hear initial product launches for “payroll check cashing” requiring a social security number it tickles me. I was not immune to this affliction in 2001 when I founded El Banco de …
Read MoreCHEXAR Cleared of Patent Infringement 0
FOR IMMEDIATE RELEASE CHEXAR CLEARED OF PATENT INFRINGEMENT Monday, April 19, 2010: Roswell, Georgia – Valid Systems (820 Technologies LLC) has dismissed its claims for patent infringement against Chexar Networks, Inc. Valid’s case was dismissed with prejudice, thus acknowledging Chexar’s right to continue marketing its industry leading solution for cashing all types of checks in …
Read MoreCheck Into Cash Exceeds $100 Million in Volume 0
Check into Cash, a national leader in specialty consumer financial services, has exceeded $100 million in checks cashed already this year. (PRWEB) February 12, 2010 — Check into Cash, a national leader in specialty consumer financial services, has exceeded $100 million in checks cashed already this year. Check Into Cash has cashed $114 million in …
Read MoreCenter for Community Self-Help 0
Helping underserved communities enter the financial mainstream through micro-branches Mainstream financial institutions have struggled to meet the needs of low-income families living paycheck to paycheck. Alternative providers such as check-cashers and payday lenders have emerged to fill the void. Yet consumers standing in check-cashing lines have little or no opportunity to save money, establish a …
Read MoreApproved Cash Advance® Implements Chexar® Risk Management Platform for Check Cashing Pilot 0
FOR IMMEDIATE RELEASE Approved Cash Advance Implements Chexar Risk Management Platform for Check Cashing Pilot Monday, November 16, 2009: Cleveland, Tennessee – Approved Cash Advance, a leading provider of short term lending solutions, has just completed the implementation of a risk management solution offered by industry leader Chexar Networks, Inc. (“Chexar”) in Atlanta, Georgia. The …
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