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 ...

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 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 ...