In what will be a major technological change for the banking industry, President Bush last week signed into law the Check 21 bill, which allows banks to substitute electronic check images for paper ...

Check 21 is ushering in sweeping transformations to the financial services industry that challenge both long-term structural dynamics and the role banks will play in the payments business. Processing ...

The Fed continues to operate paper-based system while it invests in electronic check processing. The process of converting checks to digital images to expedite processing and reduce shipping costs ...

COLUMBIA, S.C. - USDA South Carolina Farm Service Agency (FSA) Executive Director, Laurie C. Lawson announced that FSA is moving towards an electronic method for processing check payments from ...

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 - ...

eChecks and ACH are so similar that the two terms are often used interchangeably. That’s because both eChecks (electronic check processing) and ACH (Automated Clearing House) move funds from one bank ...