This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Under the terms of the contract, Unisys will help the bank ...
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 ...
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Financial institutions will now have a single vendor solution to process ...
Deutsche Bank is creating a platform to automate cheque processing to eliminate a largely paper-based process, which requires human intervention. The bank is creating the platform alongside Indian IT ...
All corporate cheques will be eliminated by end-2025 while individuals will still be able to use cheques for a period after 2025, MAS announced on Friday (28 July). (PHOTO: Getty) · payphoto via Getty ...
The switch to the new automated system of processing cheques has been pushed back to June 15. Chief executive of the Kenya Bankers Association (KBA), Habil Olaka, said banks require more time to test ...
The Reserve Bank of India (RBI) has postponed the implementation of its proposed three-hour cheque clearance rule, offering banks additional time to prepare for faster processing norms. The decision ...
The Central Bank of Jordan (CBJ) has deployed an electronic cheque clearing (ECC) system to streamline the Hashemite Kingdom’s move toward electronic banking. Based on Progress Soft’s ECC (PS-ECC) ...