The Federal Reserve is considering scaling back or ending paper check processing as digital payments rise. Experts warn the ...

The Federal Reserve Board cites a sharp decline in check usage and a rise in fraud as reasons for phasing out paper checks.

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 using paper ...

The Federal Reserve is considering ending paper check processing as usage declines and fraud and costs rise, a move that ...

Paper has already lost ground to plastic cards and smartphone apps, and now the country's core payment infrastructure is being reengineered around that reality. As the Federal Reserve weighs whether ...

Issuing a paper check costs about 50 cents, according to the Treasury Department. The cost drops down to less than 15 cents per electronic transfer. Tax law experts note that those who could struggle ...

The IRS announced Tuesday that it will start phasing out paper checks for tax refunds in one week under a March executive order to move the federal government away from physical payments. The federal ...

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 ...