Moneris Solutions U.S. Group, Chicago, has rolled out a check-conversion and check-authorization service for merchants at the point of sale that combines with the processor's credit and debit card ...

Growth rates in electronic check transactions at the point of sale are slowing down. While many opportunities remain, the rapidly changing market's future is anything but certain. For a brief shining ...

I've been explaining quite a bit of late about a new federal law that allows banks to convert your checks to digital images. Well, banks aren't the only businesses using electronic means to process ...

The electronic check conversion process is becoming more common. However, not all consumers understand it. To assist consumers, the Federal Reserve Board published “When Is Your Check Not a Check?” ...

Retailers haven't exactly clamored to implement the new back-office conversion electronic-check option (BOC), but adoption will pick up, according to the Federal Reserve's point man on electronic ...

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 ...

One snag back-office conversion and image exchange risk is both paper and electronic transactions being presented to check writers' accounts. Merchants also must keep paper checks secure until they ...

SCHENECTADY, N.Y. -- Following a two-store test, Price Chopper here now plans a chainwide rollout of an electronic check-conversion system that incorporates a two-color receipt printer/check- imaging ...

WINSTON-SALEM, N.C., July 23 /PRNewswire-FirstCall/ -- BB&T's Payments Services Division today said it has introduced three new products to help business clients take ...