The quick path from concept to unsuccessful conclusion for the plan to link the check image systems to the ACH was partly due to the enormous complexity of the job. More than that, though, it ...

The Check 21 law created the substitute check, or image-replacement document. After six years and a brief boom, IRDs are on their way to the payments dustbin, just as Check 21’s backers intended. What ...

CLEARWATER, Fla.--(BUSINESS WIRE)--Certegy, a leading ACH payments and risk management company, today announced the launch of its new Virtual Terminal platform, allowing both in-store and mobile ...

Less than a year after an effort to clear checks over the automated clearing house network failed to take off, Nacha has come up with a revised version of the plan and is planning a test for next ...

When money moves electronically between banks and credit unions, it could be zipping along thanks to a process known as an ACH transfer. The Automated Clearing House network plays a critical role in ...

The demise of the bold plan by the big players in electronic check conversion and truncation to combine image capture of all checks at inception with ACH distribution to all financial-institution ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Check conversion transforms paper checks into electronic checks for faster processing and ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Business fraud is relentless. Scammers have learned how to ...

On March 16, food retailers will be able to start using a new mechanism for processing checks that promises greater efficiencies and cost savings than traditional methods. Called back-office ...

A quiet but profound shift is underway in the U.S. payments system. In March 2025, the White House issued a mandate: by the end of FY2025, virtually all federal government payments — including tax ...

Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a digital sales and service platform provider for financial institutions in the U.S., today announced that more than 500 financial institutions are ...