The paper check has been bounced from the federal government. But how much longer will we pay with checks at all? As of Sept. 30, the Social Security Administration, IRS and other federal departments ...
Paper checks are rapidly losing their place at the center of American finance, pushed aside by faster, cheaper and more ...
What do increased fraud, significant costs and operational inefficiencies all have in common? Paper checks, or, at least, those were the reasons cited when President Donald Trump issued an executive ...
Over 13,000 New Jerseyans will be affected when Social Security benefits move to electronic-only payments by Sept. 30, 2025. The Social Security Administration announced that beneficiaries will no ...
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 ...
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 ...
Months after the federal government stopped issuing and accepting paper checks for most of its business, the Federal Reserve announced it’s considering a slowdown of those services as well. In a ...
The Federal Reserve is considering winding down the checking services it provides for banks, according to CNN. The Fed provides an array of check processing and monitoring services that are critical ...
Get the latest federal technology news delivered to your inbox. 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 ...
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 ...