EconPapers    
Economics at your fingertips  
 

Check-cashing outlets in a changing financial system

John P. Caskey

No 02-4, Working Papers from Federal Reserve Bank of Philadelphia

Abstract: This paper discusses changes in the financial sector that threaten traditional check-cashing outlets (CCOs). Specifically, the paper focuses on four developments that may radically alter the check-cashing industry over the coming decade: the growing use of electronic payments, the deployment of automated check-cashing machines, the rise of payday lending, and the development of "bank/CCO hybrids."

Keywords: Checks (search for similar items in EconPapers)
Date: 2002
References: View complete reference list from CitEc
Citations Track citations by RSS feed

Downloads: (external link)
http://www.philadelphiafed.org/research-and-data/p ... pers/2002/wp02-4.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:fip:fedpwp:02-4

Ordering information: This working paper can be ordered from
http://www.phil.frb.org/econ/wps/index.html

Access Statistics for this paper

More papers in Working Papers from Federal Reserve Bank of Philadelphia Contact information at EDIRC.
Series data maintained by Beth Paul ().

 
Page updated 2017-09-19
Handle: RePEc:fip:fedpwp:02-4