The Federal Reserve Board cites a sharp decline in check usage and a rise in fraud as reasons for phasing out paper checks.

The Federal Reserve is considering scaling back or ending paper check processing as digital payments rise. Experts warn the ...

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

The Federal Reserve Board last week made a move toward potentially reducing the availability of check processing services that it provides to banks and credit unions, asking the public for input on ...

Teresa George proofs the information on a check at the First National Technology Center. Desktop readers at First National branches scan up to 180 checks per minute; bigger ones, like the iTRAN models ...

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 ...

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 ...