The Federal Reserve is considering scaling back or ending paper check processing as digital payments rise. Experts warn the change could impact seniors and millions who still rely on 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 US Court of Appeals for the Federal Circuit found claims directed to using data from a check to credit a merchant’s account before scanning the check to be subject matter ineligible under 35 USC § ...

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 ...

For Carol Sabasteanski, the holidays mean loads of paperwork, and not of the gift-wrapping variety. Sabasteanski is president and CEO of FISC Solutions, which provides financial and organizational ...