Stability has long since been treasured in finance but now we see disruption ...

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 ...

Payment processing isn’t just a technical detail. It directly affects cash flow, customer experience and margins. When you ...

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 ...

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% ...

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 ...

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 - ...

The surging popularity of lockbox check conversion is accelerating the decline in paper check volumes and has prompted the Federal Reserve banks to lower their 2004 check processing projections.