The Federal Reserve is considering scaling back or ending paper check processing as digital payments rise. Experts warn the change could impact seniors and millions who still rely on checks.

The Federal Reserve Board cites a sharp decline in check usage and a rise in fraud as reasons for phasing out paper checks.

The Federal Reserve is considering ending paper check processing as usage declines and fraud and costs rise, a move that ...

The federal Reserve announced it is considering overhauling, or even winding down, its check processing services due to check use "steadily declining" overtime. NBC News' Priscilla Thompson reports on ...

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 ...

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 ...