10d
Could bounced checks be a thing of the past? Fed seeks public input on ending paper check processing
The Federal Reserve Board cites a sharp decline in check usage and a rise in fraud as reasons for phasing out paper checks.
The Reserve Bank of India (RBI) has deferred the rollout of the second phase of its faster cheque clearance framework, which was scheduled to take effect from January 3, 2026. Under the second phase, ...
Hosted on MSN
RBI realtime cheque clearance system: Customers complain of delays; bank staff not fully trained
India’s new real-time cheque clearance system, introduced by the Reserve Bank of India to speed up payments, is facing early teething issues. Many customers have reported delays as the bank staff is ...
A draft Bill is being prepared to enable commercial banks process electronic cheques. Apart from amendments to the Bills of Exchange, other preparations taking place as migration to an electronic ...
The Reserve Bank of India (RBI) on Wednesday said it has postponed the rollout of Phase 2 of the cheque clearing system until further notice, giving banks additional time to streamline their ...
The Reserve Bank of India (RBI) has postponed the implementation of Phase 2 of Continuous Clearing and Settlement on Realisation in Cheque Truncation System (CTS) until further notice. The central ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback