Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who ...

In what will be a major technological change for the banking industry, President Bush last week signed into law the Check 21 bill, which allows banks to substitute electronic check images for paper ...

This week, U.S. banks will reach the first mandated milestone on the way to what’s arguably the biggest change in the way they process checks since the introduction of magnetic ink character ...

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 ...

The Internal Revenue Service posted a fact sheet about its move away from paper checks to electronic payments for taxes and ...

As Social Security payments for November 2025 are scheduled to arrive, recipients should plan their deposits to avoid any delays. This is particularly important as electronic checks were issued on ...

Renee Kaspar isn’t a tax scofflaw. But the IRS has tagged her with penalties and interest even though it cashed her tax payment. More than a month after the tax deadline. Kaspar, who said she always ...