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% ...

After a 10 day jury trial, a jury found U.S. Bancorp liable for almost $3.3 million in damages for infringing upon a patent covering check-processing technology owned by Solutran, Inc. (”Solutran”).

The federal Reserve announced it is considering overhauling, or even winding down, its check processing services due to check use "steadily declining" overtime. NBC ...

1.Cost Efficiency: The adoption of eCheck payments translates to lower transaction fees, resulting in substantial and sustainable cost savings for businesses of all sizes. 2.Enhanced Security: A ...

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 ...