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 ...

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 - ...

This week, U.S. banks will reach the first mandated milestone on the way to what’s arguably the biggest change in the way they process checks since the introduction of magnetic ink character ...

Checks may be getting an extended life now that financial institutions are developing and rolling out mobile remote-deposit capture technology as part of their mobile-banking applications, observers ...

It’s random fun fact time around the office. Today’s random nugget that we just learned, courtesy of an article on the slow death of paper checks: The Fed says it has shut down all but one of its 45 ...