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 ...

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 - ...

On March 16, food retailers will be able to start using a new mechanism for processing checks that promises greater efficiencies and cost savings than traditional methods. Called back-office ...

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 ...