There has to be a better way

InstitutionalApril 3, 2020, 4:10AM EDT
UPDATED: March 10, 2022, 6:01PM EST
There has to be a better way
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Last week we saw a growing number of Fintech CEOs come out and suggest the U.S. administration and Treasury office explore financial technology solutions that already exist today to help expedite the distribution of the CARES act to individuals that qualify for the +$1,200 check.

In a memo obtained by NBC News, it now appears ~100 million Americans will not be receiving their stimulus checks until likely the week after May 4th, with some people expected to have to wait as long 5 months. Now some fintech companies are already testing new services of how to effectively distribute checks in days, instead of months.

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