Mitek Systems MITK recently expanded its partnership with Alogent, which specializes in offering comprehensive check payment processing and mobile, online and digital banking solutions. By integrating ...
EL DORADO HILLS, Calif., April 15, 2013 /PRNewswire/ -- MyECheck, Inc. (OTC Pink: MYEC), a leading provider of electronic check payment services, announced it has signed an agreement with Spindle, Inc ...
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% ...
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 ...
・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 ...
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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 could significantly affect businesses and vulnerable populations.
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