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Federal Reserve considers ending paper check processing

The Federal Reserve is considering ending paper check processing as usage declines and fraud and costs rise, a move that ...
Investopedia

Understanding Regional Check Processing Centers and Their Importance

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
Mainebiz

Crossing the digital divide | Check processor FISC Solutions hopes innovation will help it gain new customers

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 ...
San Francisco Fed

Is the Fed still in the business of processing checks?

As the central bank for the United States, Congress has given the Fed an important role in the nation’s payment system.1 Processing and clearing checks has long been a key part of the operating side ...
Investopedia

Regulation CC: Understanding Check-Clearing Standards & Fund Availability

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...