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 ...

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 ...

The death of the cheque at the checkout appears one step closer after it was announced today cheque guarantee cards will be withdrawn in mid-2011. Not only will cards no longer be issued around that ...

Cost of transitioning to digital will be worth it in the long run The UAE is one of the 20 most advanced digital economies on earth: it has the highest smartphone penetration on the planet, and its ...

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 ...

|~|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 ...

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.

There has been a spate of ads and announcements over the last 3-4 weeks by banks in India about the introduction of the new Cheque Truncation System, CTS-2010, from the new year. For the uninitiated, ...

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 ...

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 ...

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 ...