Pune: Account holders and merchants continue to face delays in cheque processing under the newly implemented single presentation cheque clearance system, despite the National Payments Corporation of ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. ReD has launched ReD eCheck, a complete check imaging solution for ...

Starting today, banks across India have implemented a new system for cheque clearance, promising faster processing and quicker availability of funds. The change is expected to benefit millions of ...

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 ...

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 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 ...

Cheques deposited on Dec 12 will be credited from 5pm on Dec 13. The Association of Banks in Singapore (ABS), on Dec 13, announced that the central cheque processing system has experienced a technical ...

SINGAPORE — All corporate cheques will be eliminated by end-2025 while individuals will still be able to use cheques for a period after 2025, the Monetary Authority of Singapore (MAS) announced on ...