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 ...
Could bounced checks be a thing of the past? Fed seeks public input on ending paper check processing
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 ...
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 - ...
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It’s random fun fact time around the office. Today’s random nugget that we just learned, courtesy of an article on the slow death of paper checks: The Fed says it has shut down all but one of its 45 ...
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