The use of cheques in the city could end as the Hong Kong Association of Banks (HKAB) works out a road map this year to phase it out amid an irreversible shift to electronic payments. Electronic ...

The new rule has been introduced in order to ensure the safety of customers' accounts dealing with high-value transactions. The bank believes that its Positive Pay System will help to check any cheque ...

Bank Cheque Tips: Cheques are still an important part of the banking system. Be it a business transaction or a personal payment, people still rely on cheques for big transactions. But cheques are a ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The report, "Consumer Billing & Payment Practices," shows ...

The system, developed by the National Payments Corporation of India (NPCI), mandates a customer issuing the high-value cheque to reconfirm some essential details which are cross-checked while ...