This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Allied Irish Bank (AIB) has become the first bank to utilise the tool, ...

SVPCO, the paper and electronic check exchange business of The Clearing House Payments Company LLC, today reported that a record 2.8 billion images totaling more than $5 trillion flowed through the ...

The roll-out of a cheque imaging system in the UK is reducing cheque clearing times from six working days to just one. Not-for-profit industry membership body the Cheque and Credit Clearing Company (C ...

Mumbai, Mar 15 () The Reserve Bank on Monday asked banks to implement the image-based Cheque Truncation System (CTS) in all branches by September 30, a move aimed at faster settlement of cheques ...