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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 ...

Central Bank of Kenya governor Njuguna Ndung’u delivers his remarks as KBA chairman Jeremy Awori (right) looks on during the announcement of T+1 cheque clearing cycle process at CBK’s clearing house ...

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 ...

The Kenya Bankers Association (KBA) said on Thursday that all banks would now credit customers accounts with cheque proceeds after two days in urban areas and after three days for upcountry cheques.

Lagos — The Managing Director and Chief Executive Officer of Precise Financial Systems (PFS), Mr. Yele Okeremi, says self-service cheque deposit and management is inevitable in Nigeria. The country's ...

|~|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 ...

The regulatory approval of a cheque-processing venture between three major banks may open the floodgates to further back-office cost-sharing deals and trigger a new battle for outsourcing business.