Payment companies offered different ways to move past paper checks in comments to the Federal Reserve regarding plans to ...

The Federal Reserve's recently published request for information on options for updating its check clearing apparatus has ...

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 ...

The Federal Reserve Board has announced that it is formally exploring significant changes to its check-processing services, including the possibility of ending them entirely. In a press release ...

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 starting to explore winding down their check processing services--a move that ...

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 ...

Electronic delivery is affecting almost every industry, and banking is no exception. In fact, many banks have already begun truncating checks by delivering photocopies of checks or by sending a list - ...

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 ...