・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 ...

Unisys, an information technology services and solutions company, has won a contract with Rabobank to modernize the Dutch bank's check processing operations. Under the terms of the contract, Unisys ...

The Federal Reserve's recently published request for information on options for updating its check clearing apparatus has ...

When was the last time you wrote a paper check? If the answer is a long time, that's exactly why the Fed says they're starting to explore winding down their check processing services--a move that ...

The Federal Reserve is considering winding down the checking services it provides for banks, according to CNN. The Fed provides an array of check processing and monitoring services that are critical ...

The Federal Reserve says it is considering "winding down" its processing of paper checks for banks and their customers. - JGI/Jamie Grill/Tetra images RF/Getty Images First the penny. Next, paper ...

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 (AP) -- People are writing fewer checks, so the Federal Reserve is consolidating most check-processing operations into four regional centers and cutting 1,740 positions around the country.

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% ...

Check it out: the Federal Reserve is considering a massive shift to the way many Americans bank. And it wants to know what you think about it. The Fed on Dec. 4 requested public input from businesses ...

The Federal Reserve is asking the public to weigh in on the future of its check-processing operations, signaling that significant cutbacks may be on the table as the use of paper checks in the United ...

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 ...