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 ...

ST. LOUIS--(BUSINESS WIRE)--Once again, the Aperta Automated Clearinghouse (ACH) solutions have provided the mechanism for a country to leapfrog technology from manual cheque clearing and settlement ...

In a bid to speed up the cheque processing time from the current T+1 settlement period, RBI has announced that starting October 1, 2025, cheque handling will move away from the existing batch clearing ...

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 RBI has decided to transition the Cheque Truncation System (CTS) to “continuous clearing with on-realisation settlement” in two phases, with the first phase beginning on October 4, 2025 and the ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Set to go live in 2019, the new paperless platform will not ...

RBI to speed up cheque processing to near real-time for Indian bank customers from October Dubai: Indian expats in the UAE who still use cheques for transactions back home will soon see money move ...

ICICI Bank confirmed it will introduce same-day cheque processing from 4 October 2025, provided deposits are made within the designated branch cut-off periods. This adjustment directly follows the ...

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 ...