The Federal Reserve is considering scaling back or ending paper check processing as digital payments rise. Experts warn the ...

The federal Reserve announced it is considering overhauling, or even winding down, its check processing services due to check ...

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 ...

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% ...

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 ...

The IRS last Thursday posted an update to the webpage that describes its operations during the COVID-19 pandemic. The page notes that the IRS is working through its correspondence backlog and is ...

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 ...

Convenience, time savings, faster access to cash — all of these are touted as benefits of processing the checks you receive from customers directly in your office. The procedure, known most commonly ...

SOUTHERN ILLINOIS - Jane picks up her paycheck after work on Friday night and goes grocery shopping before making her bank deposit on Saturday morning. Because of sweeping new changes in the way the ...

Banks have begun processing $1,400 federal stimulus checks for many Americans as part of President Biden's $1.9 trillion COVID-19 relief package. The Internal Revenue Service announced Friday that the ...

Bounced checks can mean fees and even criminal charges. Contact both the recipient and bank and try to pay quickly. Many, or all, of the products featured on this page are from our advertising ...

The way you endorse a check depends on how you want to use the check Kiara Taylor has worked as a financial analyst for more than a decade. Her career has involved a number of financial firms, ...