Bloomberg Businessweek

Where Paper Checks Go—for Now

As U.K. banks digitize processing, fewer human hands are needed | “We’ve been managing a declining product for some time”

At about 10:30 p.m., trucks roll up to a facility in a quiet business park on the edge of Northampton, a town in central England best-known for shoemaking. They carry bank checks. About 1 million of them must be processed before dawn.

The men and women who staff the graveyard shift at Intelligent Processing Solutions (IPSL) know the days of shipping pieces of paper by trucks and planes are ending. Today,

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