Learn what substitute checks are and how they streamline banking operations. These copies, made legal by the Check 21 Act, offer faster check clearing.

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 ...

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 ...

Remote deposit capture lets you deposit checks remotely using images. This technology simplifies banking by eliminating trips to the bank and offering 24/7 access.

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 - ...

This week, U.S. banks will reach the first mandated milestone on the way to what’s arguably the biggest change in the way they process checks since the introduction of magnetic ink character ...

It’s random fun fact time around the office. Today’s random nugget that we just learned, courtesy of an article on the slow death of paper checks: The Fed says it has shut down all but one of its 45 ...