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 ...

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 ...

But the service can access only 30% of accounts in the U.S. So Nova will recommend back-office conversion as the next option and push Check 21 imaging to third. Nova's Electronic Check Service will ...

A quiet but profound shift is underway in the U.S. payments system. In March 2025, the White House issued a mandate: by the end of FY2025, virtually all federal government payments — including tax ...