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 ...

(NBC)- Paper checks have long been a part of everyday life — from paying bills to cashing a paycheck — but that familiar form of payment may soon be on its way out. The Federal Reserve says it is ...

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

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The Federal Reserve is asking the public to weigh in on the future of its check-processing operations, signaling that significant cutbacks may be on the table as the use of paper checks in the United ...

The Federal Reserve is considering winding down the checking services it provides for banks, according to CNN. The Fed provides an array of check processing and monitoring services that are critical ...

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(CNN) — First the penny. Next, paper checks? When the US Mint stopped making pennies last month for the first time in 238 years, it drew a lot of attention. But there have been quiet moves to stop ...