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 ...
The Federal Reserve's recently published request for information on options for updating its check clearing apparatus has ...
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 ...
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 ...
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 - ...
On March 16, food retailers will be able to start using a new mechanism for processing checks that promises greater efficiencies and cost savings than traditional methods. Called back-office ...
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