The Federal Reserve is considering scaling back or ending paper check processing as digital payments rise. Experts warn the ...

The Federal Reserve is considering ending paper check processing as usage declines and fraud and costs rise, a move that ...

WASHINGTON -- A new Federal law allowing for all-electronic check transaction processing promises to make having reliable and secure network services even more of a necessity going forward. On Oct. 28 ...

Convenience, time savings, faster access to cash — all of these are touted as benefits of processing the checks you receive from customers directly in your office. The procedure, known most commonly ...

Banks have begun processing $1,400 federal stimulus checks for many Americans as part of President Biden's $1.9 trillion COVID-19 relief package. The Internal Revenue Service announced Friday that the ...

Too often solving one problem creates others. Take Check 21. By allowing check conversion to electronic form the sensible idea was to reduce costs and speed processing. The problem is that with ...

When it comes to paying for their groceries, consumers still like to whip out their checkbooks. According to a study released by the Food Marketing Institute, Washington, in 2000, checks made up 33% ...

Check endorsement refers to the act of signing the back of a check for the purpose of transferring it to another entity, whether that be a person or a bank. It's a crucial step in the process of ...

HOUSTON--(BUSINESS WIRE)--March 13, 2006--Commerciant LP, the leader in wireless payment processing solutions, today announced the launch of the Mobilescape 5000, the market's first wireless handheld ...

When was the last time you wrote a paper check? If the answer is a long time, that's exactly why the Fed says they're ...