This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Under the ten year agreement, the bank will outsource its ...

Deutsche Bank, a premier check services provider globally, announced today the expansion of its global check processing capabilities by adding three new hubs, Singapore, Jakarta and Tokyo, to its ...

Cheques deposited on Dec 12 will be credited from 5pm on Dec 13. The Association of Banks in Singapore (ABS), on Dec 13, announced that the central cheque processing system has experienced a technical ...

Barclays is extending its cheque imaging service to almost one million people, half of which use Android devices. The bank said since the pilot launched in June 2014, 30,000 customers had deposited ...

ICICI Bank confirmed it will introduce same-day cheque processing from 4 October 2025, provided deposits are made within the designated branch cut-off periods. This adjustment directly follows the ...

The Central Bank of Nigeria, CBN, said it will commence penalizing Deposit Money Banks, DMBs, whose equipment distort images and data being transmitted during cheque truncation process from November ...

Deutsche Bank is creating a platform to automate cheque processing to eliminate a largely paper-based process, which requires human intervention. The bank is creating the platform alongside Indian IT ...

The Central Bank of Nigeria (CBN) says banks and cheque printers now risk a fine of N10 million for using unapproved security features. The apex bank disclosed this as it revised the Sanction Grid of ...

The Reserve Bank of India is set to launch a faster cheque clearance system on October 4, 2025. This new system will significantly reduce the cheque processing time. Cheques will be cleared within ...