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

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 ...

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 ...

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 ...

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 ...

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, ...

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 ...

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 ...