A friendly MSB teller scanning a paper check with a handheld device, overlaid with a holographic blockchain ledger and padlock icon, illustrating advanced check fraud prevention technology.

The Death of the Paper Check? How Blockchain is Saving the Check Cashing Industry from the $24 Billion Fraud Epidemic

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The paper check was supposed to die a decade ago. Yet, in 2025, it remains a stubborn, vital, and increasingly dangerous part of the global financial plumbing. For Money Services Businesses (MSBs) and check cashing providers, the check is the lifeblood of revenue, but it has also become a toxic asset. A quiet crisis is […]

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