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Byline: Jeremy Quittner Banks have struggled for years to get their customers to accept account statements electronically. But even among those who have succeeded in such efforts, paper use has [...]

Byline: Bryan Yurcan Insurance carriers are still largely using paper-based payments processes, and some banks see an opportunity to speed up their disbursements and settlements as part of a larger [...]

State Street Corp.'s stock price declined Tuesday after a British newspaper reported it has significant exposure to asset-backed commercial paper conduits, which have caused problems for European banks. The Boston [...]

Byline: Yvette Shields CHICAGO -- Illinois held spread penalties in check as enticing yields lured buyers to its $1.5 billion general obligation issue Tuesday. The sale -- divided into three [...]

In a nod to environmentalists and in an effort to cut costs, Bank of America Corp. said it has adopted policies to reduce the amount of paper it uses, increase [...]

Byline: Steven Sloan WASHINGTON - The Federal Reserve Board's purchases of commercial paper increased 5.7% during the past week, to $256.9 billion on Wednesday. Total lending through the Fed's discount [...]

Byline: Daniel Wolfe For years bankers have had only modest success getting customers to drop paper statements, so some are introducing accounts that are managed almost exclusively online and do [...]

Byline: John Adams Before discussing the bank's plans to exorcise paper, Washington Trust's Jim Brockett rips traditional attempts at paper avoidance to shreds. 'If you're trying simply to reduce paper [...]

They send credit card statements through e-mail, arrange for all kinds of bill payment and post all the information a checking account holder could want on a central Web site. [...]

Byline: Joseph Kellard Receiving Wide Coverage ... Panama Papers: The Australian Tax Office will investigate some 800 wealthy clients of a Panama-based law firm, Mossack Fonseca, after a leak of [...]

Updating the discount window's Web site, the Federal Reserve Bank of New York clarified that it is willing to accept investment grade asset-backed commercial paper as collateral. The bank's position [...]

MADISON, Wis.-The CUNA Councils have released a host of new white papers exploring in-depth issues, from membership growth to running a one-person IT department. An Analysis of Organic Membership Growth [...]

Byline: Lalita Clozel WASHINGTON -- Biscayne Bank in Miami, a community bank that focuses on serving high net worth individuals from the Caribbean and Latin America, has been named as [...]

Byline: Andrew Johnson Now that converting paper checks into electronic transactions has gained widespread acceptance, bankers are considering a new payment format that would bypass paper altogether. Though there is [...]

Banks have known for a while that it will take time to realize the cost savings and efficiencies that are supposed to result from the replacement of paper checks with [...]

By WEIDNER, DAVID A key piece of financing for the planned merger of Jefferson-Smurfit Corp. and Stone Container Corp. seems to be on track, a lender familiar with the loan [...]

J.P. Morgan Chase & Co. has shut down its commercial paper business in Europe, a relatively small market with a surplus of competitors. The New York company started telling customers [...]

Byline: Tanaya Macheel Receiving Wide Coverage ... Kerry Meets with European Banks: U.S. Secretary of State John Kerry met with European banking leaders Thursday to urge them to increase lawful [...]

Byline: Kate Smith Primary volume is tapering off from the past two weeks, but Wednesday and Thursday will bring large, ultra high-grade paper that promises to push municipal scales into [...]

Byline: Jackie Stewart TD Bank Group said Tuesday that it is aiming to become âpaper neutralâ in its North American operations by the end of 2012. TD has the overall [...]

CHICAGO -- Illinois will soon begin remarketing $600 million of variable-rate paper from a 2003 issue that will be backed with fresh letters of credit from six banks to replace [...]

The Federal Deposit Insurance Corp. has released the summer edition of Outlook, a quarterly journal that examines U.S. banks and their relationship to the global economy. One of the four [...]

Byline: Daniel Wolfe Bank of America Corp. is charging some customers to receive their monthly statement in the mail, the industry's most aggressive move yet to encourage paperless banking. For [...]

Byline: Aaron Weitzman Municipal volume is expected to exceed $8 billion for a 10th straight week, led by a rare issue from Honolulu. Volume for the March 16 week is [...]

...this technology has improved customer service response, increased productivity and efficiency, and made the retrieval of information a more enjoyable task for the staff at the bank. Sandwich Co-operative, a [...]

Byline: Bonnie McGeer Jenny Powell considers herself lucky. The director of corporate marketing for U.S. Bank says she did not have to contend with budget cuts or worry about doing [...]

Byline: Shane Kite Richard Ferranti, executive vice president and chief operating officer of Alma Bank, a five-year old, $900 million-assets institution based in the bustling diversity of food and people [...]

Byline: Daniel Wolfe A quick read of the tea leaves surrounding one of Bank of America's latest initiatives suggests the bank prefers its customers avoid parchments of any kind. The [...]

They send credit card statements through e-mail, arrange for all kinds of bill payment and post all the information a checking account holder could want on a central Web site. [...]

Federal bank and thrift regulators published a final rule Tuesday that lets banks and thrifts exclude asset-backed commercial paper programs from risk-based capital calculations. Last Sept. 12 regulators issued an [...]

Paper check volume at the Federal Reserve Board fell 5.8% in the first quarter, the steepest decline in a decade. The Fed processed 3.6 billion items in the period, worth [...]

Once banks start moving only the images of the paper checks they process, they will face a new problem: What to do with all those millions of pieces of paper. [...]

The process of converting paper checks to automated clearing house payments at the lockbox -- known as accounts receivable conversion, or ARC -- is only a year old but it [...]

Electronic checking, Web bill pay and other alternative means to move money are growing, but it will likely be many years before paper checks are marginalized to the point of [...]

It seems consumers are still stuck on lugging around checkbooks. About 15 billion personal checks were written at the point of sale last year. While converting everyone to debit cards [...]

Many people talk a good green game, but how many are really living up to all that talk? A new survey finds a huge number of people are not, but [...]

Byline: Sarah Todd JPMorgan Chase (JPM) is getting serious about getting to know its customers. The megabank is sending out letters to 'millions' of clients asking for additional information about [...]

Banks are voicing concerns about a Federal Reserve Board proposal that would require them to issue paper account statements for payroll cards. In a letter submitted to the Fed last [...]

Byline: Daniel Wolfe Wells Fargo & Co. is turning to its automated teller machines to provide more details - faster - to online banking customers. The San Francisco banking company [...]

While responsibility for insuring healthcare payments has been mired in political debate that's touched all points on the national intellect curve, the virtue of automating those payments should be of [...]

Consumers are more concerned about cleaning up their desks than cleaning up the environment, with 63 percent of consumers surveyed telling Javelin Strategy & Research that they'd turn off paper [...]

Though known as a technology pioneer, Zions Bancorp is offering a service meant to put the paper back into Internet payments. The unique eValuCheck service it introduced in the second [...]

JPMorgan Worldwide Securities Services is taking a big step away the exchange of paper-based securities information by offering its institutional investors e-mail and Web access to corporate actions materials. The [...]

Byline: Shane Kite Situated in south-central Idaho's Magic Valley, D.L. Evans Bank was founded in 1904, a year before the westward flowing Snake River was first dammed and diverted to [...]

Byline: Paul Muolo HSBC Holdings PLC is contemplating selling its 'A' paper mortgage banking affiliate in Depew, N.Y., a sale that-if it comes off-would only include its servicing operation, which [...]

A new Financial Accounting Standards Board rule cracking down on limited-purpose entities is not expected to force banks to bring many assets back onto their balance sheets. Commercial paper conduits [...]

WASHINGTON -- Major U.S. banks are poised to take a big chunk of the $200 billion commercial paper market. All they need now is a go-ahead from the Supreme Court. [...]

A primer on capital rules released Tuesday by the Federal Deposit Insurance Corp. includes tantalizing details on how much institutions might save under the coming Basel II accord. Though it [...]

Corporate payments are on the cusp of a major evolution, one that will prompt that part of the business to finally join its retail brethren in the electronic world. For [...]