As the central bank for the United States, Congress has given the Fed an important role in the nation’s payment system.1 Processing and clearing checks has long been a key part of the operating side ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Under the terms of the contract, Unisys will help the bank ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Clients now have access to a total of nine check processing hubs in Asia, ...

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 ...

|~|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 Central Bank of Jordan (CBJ) has deployed an electronic cheque clearing (ECC) system to streamline the Hashemite Kingdom’s move toward electronic banking. Based on Progress Soft’s ECC (PS-ECC) ...

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 ...

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 ...

In a bid to speed up the cheque processing time from the current T+1 settlement period, RBI has announced that starting October 1, 2025, cheque handling will move away from the existing batch clearing ...