RBI delays Phase 2 implementation of Cheque Truncation System to give banks more time to streamline operations.

" We have gone live today and what basically this means is that all cheques both local and upcountry are on the same clearing zone," said Kenya Bankers Association chief executive Mr. Habil Olaka. "I ...

RBI introduced continuous clearance under the Cheque Truncation System (CTS) to make cheque clearing faster and smoother by ...

The Reserve Bank on Wednesday postponed implementation of the second phase of the faster cheque clearance mechanism to ...

Tomorrow marks the dawn of a new era as the banking industry changes how cheques are processed and cleared. From Wednesday, Kenyan banks will electronically process and clear cheques, removing the ...

The Reserve Bank of India has postponed the second phase of the faster cheque clearing mechanism to allow banks more time to ...

RBI on Wednesday postponed phase 2 of its nationwide faster cheque clearance system, citing banks’ lack of operational ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. As a result of new check truncation legislation, Brazilian financial ...

The commencement of cheque truncation scheme in the country’s financial system will raise banks’ transaction risks, The Nation has learnt. Sales Manager, Sybrin Systems Limited, Daniel Parreira, who ...

ST. LOUIS--(BUSINESS WIRE)--Once again, the Aperta Automated Clearinghouse (ACH) solutions have provided the mechanism for a country to leapfrog technology from manual cheque clearing and settlement ...

CUMBERNAULD, United Kingdom--(BUSINESS WIRE)--Aperta, a world-leading supplier of payment solutions, announced today that it has been selected by PCHC to provide the PACS solution for the Philippines.

It is interesting to note that after a little more than a decade, Canada has decided to stop investing and creating technologies and market infrastructure for cheque imaging to make the paper clearing ...