When President Bush signed the Check 21 legislation late last month, he was taking a major first step toward initiating a cheaper, electronic way to process the nation’s 40 billion paper checks. But ...

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% ...

The Federal Reserve is considering a major shift in its payment processing strategy by potentially ending the processing of paper checks. This move comes as part of a broader trend towards digital ...

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 ...

In an era of instant digital transactions, healthcare's continued reliance on paper checks isn't just outdated — it's financially reckless. While consumers tap phones to pay for coffee and businesses ...