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 ...

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 ...

|~|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 ...

Ludhiana: The proposal by the finance ministry to decriminalise cheque bounce offence does not seem to have gone down well with the jewellers’ fraternity. The jewellers of Punjab are strongly opposing ...

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.

The Dubai Land Department (DLD) has announced a collaboration with bank, Emirates NBD that will facilitate rental payments online in the near future. This move to digital or online payment is set to ...

It is reported that the Finance Ministry has proposed to decriminalise offences described in 39 Sections of 19 Acts dealing with financial matters and make them compoundable. These include ...

New Delhi: The finance ministry on Thursday denied reports that the Modi government is going to ban cheque book facility in coming days to encourage digital transactions in the country. “The ...

A DEVELOPMENT company has defended its decision to send ?500 cheques to councillors, describing it as a "goodwill gesture" in the run-up to the elections. Drogheda Borough Councillors expressed ...

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 ...