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

The Federal Reserve Board cites a sharp decline in check usage and a rise in fraud as reasons for phasing out paper checks.

The Federal Reserve is considering ending paper check processing as usage declines and fraud and costs rise, a move that ...

The Federal Reserve Board last week made a move toward potentially reducing the availability of check processing services that it provides to banks and credit unions, asking the public for input on ...

・The Fed outlined multiple paths for the future of check processing as infrastructure needs grow. ・Digital payments are rising even as check fraud increases and volumes decline. ・Vice Chair Michelle ...

Teresa George proofs the information on a check at the First National Technology Center. Desktop readers at First National branches scan up to 180 checks per minute; bigger ones, like the iTRAN models ...

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 ...

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 ...