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 ...

TOKYO -- Bank of Tokyo-Mitsubishi UFJ and Hitachi are developing a system for processing electronic check payments based on the blockchain concept behind the bitcoin digital currency.

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 ...

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 ...

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 ...