・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 ...

Unisys, an information technology services and solutions company, has won a contract with Rabobank to modernize the Dutch bank's check processing operations. Under the terms of the contract, Unisys ...

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 ...

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 ...

The Federal Reserve says it is considering "winding down" its processing of paper checks for banks and their customers. - JGI/Jamie Grill/Tetra images RF/Getty Images First the penny. Next, paper ...

MyECheck, an electronic transaction processor and provider of alternative payment solutions, has signed NetCarats as a client and will be providing the online retailer with its suite of electronic ...

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% ...

ATLANTA--(BUSINESS WIRE)--July 19, 2004--VSoft Corporation, a global information and technology provider of financial solutions, announced that Bank Services of Virginia, a $2.5 billion bank servicing ...

WINDSOR LOCKS, Conn. - The Federal Reserve system's plan to consolidate its check-processing facilities means that 136 people who work at the regional check processing center here will lose their jobs ...

The Federal Reserve is asking the public to weigh in on the future of its check-processing operations, signaling that significant cutbacks may be on the table as the use of paper checks in the United ...

IBM and Viewpointe Archive Services LLC said yesterday they will jointly build a national system for banks to store and access billions of digital images of checks and other data to aid in the ...