WASHINGTON -- A new Federal law allowing for all-electronic check transaction processing promises to make having reliable and secure network services even more of a necessity going forward. On Oct. 28 ...

Some businesses may fall into specific industry categories or have high chargeback or refund rates. Unbeknownst to many of these companies, merchant account providers and credit card processors may ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

Check 21, which became effective Thursday, is yet another reason that the volume of paper checks presented to paying banks will continue to decline rapidly. The Fed has responded to falling volume by ...

A good price, little-to-no risk and ease of use are essential factors when ISOs set out to choose a check- services company, merchant service providers generally agree. "We weren't looking for a ...

Business Federal Reserve to close Charlotte check processing operation, idle 49 workers Decision to move responsibilities to Atlanta is part of nationwide consolidation, spokesperson says. As more ...

As the central bank for the United States, Congress has given the Fed an important role in the nation’s payment system.1 Processing and clearing checks has long been a key part of the operating side ...

Learn what a bounced check is, why checks bounce, what fees can follow and how to prevent returned payments and overdraft ...