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 ...

Federal reserve is consolidating its check processing operations as people write fewer checks. The Federal Reserve Bank of Richmond is cutting its staff of 359 in Charlotte by more than 10 percent, ...

・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 ...

• Business: ATM, credit card or check processing equipment; transaction processing Chances are U.S. Alliance Group Inc. could be behind your ATM, credit card or check transaction. “If you write a ...

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% ...

In what will be a major technological change for the banking industry, President Bush last week signed into law the Check 21 bill, which allows banks to substitute electronic check images for paper ...