IRS tax refunds and Social Security paper checks are typically delivered online now. Will that impact your money?
While online banking and electronic payments are becoming more mainstream, many Americans still write paper checks, and there's been a resurgence of fraud. If you think you’re immune because you pay ...
On March 25, 2025, President Trump signed Executive Order 14247: "Modernizing Payments To and From America's Bank Account," ...
Washington — The U.S. government starts phasing out paper checks for most programs on Tuesday. The change, which was initiated through an executive order signed by President Donald Trump in March, ...
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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 ...
Although check use has declined in the last couple of decades, check fraud has risen sharply, creating a problem for banks — and customers trying to pay their bills. Credit...Joyce Lee for The New ...
In an era of instant digital transactions, healthcare's continued reliance on paper checks isn't just outdated — it's financially reckless. While consumers tap phones to pay for coffee and businesses ...
Are you writing payments to medical providers and insurance companies and sending them in the mail? Paying by check for the random parking ticket or your child’s piano lessons? Now is a good time to ...
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 ...