For the first time, bank customers will be able to rely on cheques paid into their account - even if they later turn out to have been forged. Following long-overdue changes implemented by the banking ...
A quantum upgrade could make old-fashioned cheques the most secure way to send money. Researchers have proven that quantum computers could in theory create and cash cheques that are nearly impossible ...
The death of the cheque at the checkout appears one step closer after it was announced today cheque guarantee cards will be withdrawn in mid-2011. Not only will cards no longer be issued around that ...
Under new rules that the Treasury is expected to announce by Wednesday, bank customers will be allowed to deposit money into their accounts or pay people using a mobile phone picture of a cheque.
Cost of transitioning to digital will be worth it in the long run The UAE is one of the 20 most advanced digital economies on earth: it has the highest smartphone penetration on the planet, and its ...
|~|michael-wakileh.jpg|~|Progress Soft’s business development manager, Michael Wakileh.|~|The Central Bank of Jordan (CBJ) has deployed an electronic cheque clearing (ECC) system to streamline the ...
Every year there are several cases of cheque frauds. Creating a counterfeit cheque or forging account holder details in order to withdraw funds are quite prevalent. To enhance the safety of cheque ...
There has been a spate of ads and announcements over the last 3-4 weeks by banks in India about the introduction of the new Cheque Truncation System, CTS-2010, from the new year. For the uninitiated, ...