Forrester Study: The Business Case for Real-time Guaranteed Check Funding

Ingo Money provides instant money services to transform cash, checks, and Automated Clearing House(ACH)into real-time digital funds.Businesses, such as financial institutions, can implement Ingo Money’s solutions to attract new customers, capture new revenue streams, and deliver new and enhanced services to consumers. Ingo Money commissioned Forrester Consulting to conduct a Total Economic Impact™ (TEI) study and examine the potential return on investment (ROI) that enterprises may realize by implementing Ingo Check, the company’s instant check-cashing and deposit solution.Ingo Check enables banks to capture incremental revenue by offering a fee-based instant check-cashing and deposit service via mobile, branch, and ATM channels.Ingo Money underwrites and assumes the risk for approved checks and enables banks to provide their customers instant, guaranteed funds that are immediately available and safe to spend—all in a matter of minutes.

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