Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

eChecks and ACH are so similar that the two terms are often used interchangeably. That’s because both eChecks (electronic check processing) and ACH (Automated Clearing House) move funds from one bank ...

The Check 21 law created the substitute check, or image-replacement document. After six years and a brief boom, IRDs are on their way to the payments dustbin, just as Check 21’s backers intended. What ...

The automated clearing house network is maturing, bringing slower growth rates and probably slowing fee revenue. Payments executives say businesses are trying to reduce their costs by shifting more ...

Together, the savings from converting checks to ACH for the retailer would be 59.9% of total check-processing costs, or $4.4 million across its stores. By comparison, the savings from back-office ...

ACH is an electronic network that banks and other financial institutions use to process payments electronically. When your small business accepts ACH payments, you offer customers an added degree of ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Business fraud is relentless. Scammers have learned how to ...

CLEARWATER, Fla.--(BUSINESS WIRE)--Certegy, a leading ACH payments and risk management company, today announced the launch of its new Virtual Terminal platform, allowing both in-store and mobile ...

At 8 a.m. Pacific Time on Oct. 28, 2004, Wells Fargo received its first electronic transmission of a check image per a new federal law that went into effect that day, marking a new era in check ...

Payment processing can be daunting for small business owners, but it doesn’t have to be. Credit and debit cards are the most common form of payment, especially for online services. But it’s beneficial ...