Chris Allen, Evelyn Basham Debate Paper Check Risks
Washington, D.C., March 24, 2026 — Chris Allen and Evelyn Basham, experts within the Forensic and Litigation Consulting segment at FTI Consulting, debate the risks paper checks pose in an article published in American Banker.
Mr. Allen and Ms. Basham argue the benefits of phasing out paper checks while recognizing the challenges it may pose for financial services institutions. They write, “Phasing out checks will encounter obstacles, but each has viable solutions. By planning for these issues, the transition can be made as smoothly as possible. Importantly, a phased approach will give laggards time to adjust without sudden disruption.” Read the full article here (subscription required).
Mr. Allen is a Senior Managing Director in the Financial Services practice at FTI Consulting, with more than 30 years of experience in the industry. He is a payments expert and helps clients modernize their products, core operations, processes and underlying technology. He has led critical and transformative payments projects with expertise spanning retail and consumer, transaction banking, business and merchant acceptance, payment networks and intermediaries.
Ms. Basham is a Director in the Financial Services practice at FTI Consulting. She specializes in helping financial institutions navigate the complexities of federal and state regulatory expectations. She has advised clients on fair lending risk and large-scale remediations, and helps them turn complex regulatory requirements into actionable, data-driven strategies that promote responsible lending and institutional resilience.
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Source: FTI Consulting, Inc.