Learn what substitute checks are and how they streamline banking operations. These copies, made legal by the Check 21 Act, offer faster check clearing.

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% ...

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 ...

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 ...

EARLIER this week, I requested someone to deposit a check for me. My bank, however, didn’t accept the check because it didn’t include centavos in the amount field. I got reminded that the Philippine ...

・The Fed outlined multiple paths for the future of check processing as infrastructure needs grow. ・Digital payments are rising even as check fraud increases and volumes decline. ・Vice Chair Michelle ...

• Business: ATM, credit card or check processing equipment; transaction processing Chances are U.S. Alliance Group Inc. could be behind your ATM, credit card or check transaction. “If you write a ...

In what will be a major technological change for the banking industry, President Bush last week signed into law the Check 21 bill, which allows banks to substitute electronic check images for paper ...

The Federal Reserve is considering winding down the checking services it provides for banks, according to CNN. The Fed provides an array of check processing and monitoring services that are critical ...

Business Federal Reserve to close Charlotte check processing operation, idle 49 workers Decision to move responsibilities to Atlanta is part of nationwide consolidation, spokesperson says. As more ...

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