ST PAUL, Minn.--(BUSINESS WIRE)--May 16, 2005--Electronic Check Alliance Processing, Inc. (e-CAP) announces its acceptance and confirmation to be amongst the few processors allowed to participate in ...

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 Board is cutting its fees for handling Check 21 items delivered to paying banks electronically but raising tariffs for processing paper checks and the substitute checks authorized ...

TeleCheck, a First Data company, offers check processing and risk reduction services to sellers of products and services. TeleCheck markets its electronic and paper check acceptance services to ...

Check 21 is ushering in sweeping transformations to the financial services industry that challenge both long-term structural dynamics and the role banks will play in the payments business. Processing ...

As the central bank for the United States, Congress has given the Fed an important role in the nation’s payment system.1 Processing and clearing checks has long been a key part of the operating side ...

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 Fed continues to operate paper-based system while it invests in electronic check processing. The process of converting checks to digital images to expedite processing and reduce shipping costs ...

The United States Federal Reserve Banks plan to scale back check processing facilities sooner than originally planned, the Fed announced yesterday. By the end of 2009, the Federal Reserve Bank of ...

COLUMBIA, S.C. - USDA South Carolina Farm Service Agency (FSA) Executive Director, Laurie C. Lawson announced that FSA is moving towards an electronic method for processing check payments from ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...