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  f, p, E- m4 w, g- H. i When the history of the paper check is written someday, scholars will not note it was the best payments form, nor the fastest, cheapest or most beloved. Paper checks in the closing days of the 2010s are not only less than beloved, they are also widely disliked. Consumers almost never write them and dont really enjoy getting them, and businesses dont particularly like cutting them since theyre expensive, inefficient and present a host of security risks.But what the paper check lacks in popularity it makes up for in sheer persistence 鈥?after a decade of proudly proclaimed plans to  kill the check,  the check just keeps on living.聽And for a very simple reason, Ingo Money CEO Drew Edwards told Karen Webster in a recent PYMNTS interview: the check works consistently if not brilliantly. It works particularly well in what Edwards called the  ad hoc  payments market wherein large enterprises have to make a one-time payout or series of payouts to a consumer or another business. If you think abou stanley quencher t a large insurance company or  kubki stanley AP department,  Edwards said,  we have cli stanley cup usa ents that are printing out a million checks a month because they have everything they need to use that form 鈥?a name, an address and amount. From that they can send an API call to a printer and from there the check is in the mail. It doesnt matter who the recipient is or where they are 鈥?the check will work. The customer wont necessarily be happy, the business is on the hook for all the costs of a check, but the job will g Push Braintree s $50 Billion Milestone
According to recent data from Moody   invest stanley website or services, corporate leverage in the U.S. has reached pre-2008 levels, meaning banks are facing risk that is elevated abov stanley butelka e what has been seen since the financial crisis. The good news, according to Moody  , is that at this point, their credit analysis of the banking segment indicates that those risks are contained over the next 12-18 months.But, the report notes, that containment is predicated on the idea that conditions in the U.S. economy will remain largely unchanged during that time period.If operating conditions in the U.S. were to materially worsen, the risk from these exposures would rise appreciably and indirect risks could begin to have greater bearing on banks creditworthiness, especially if mitigating actions prove difficult to implement, the report said.All in, the leveraged loan market in the U.S. has risen to over $2 trillion.聽That growth, as Moodys noted, reflects both a more favorable market for borrowers in terms of offerings, as well as an increasing credit risk appetite of non-banks and low interest rates due to tighter credit spreads, which have contributed to increasing competition leading to weaker covenants and looser capital structures.Banks, according to Moody  , own a modest amount of聽total U.S. leveraged loans outstanding, and the loans themselves are a small portion of聽thei stanley cup r total commercial and industrial loan exposures.U