Good things come to those who wait, and the good news for those who have been waiting for the UK to roll out its image-based cheque clearing system is that the end - or more appropriately the ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Allied Irish Bank (AIB) has become the first bank to utilise the tool, ...

RBI clarified how cheque truncation and continuous clearing speed up settlements by using electronic images instead of physical cheques. The FAQs outline timelines, safeguards, and customer ...

Questions are emerging over the efficiency of the much touted cheque truncation system. It had been expected that with the new system in place, bank customers countywide would enjoy shorter cheque ...