Cheque creation and issuance can delay the movement of capital, costing businesses time, money, and efficiencies. Cheques can hurt your business cash-flow, as it’s never clear when a cheque that you ...
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 ...
Business Daily Africa on MSN
Kenyans cling to cheques as Africa peers move on
Many Kenyan businesses rely on cheques for contract enforcement, auditing, and reconciliation. Cheques provide a physical ...
Industry players have welcomed the imminent phasing out of cheques, saying apart from its alignment to the digital economic ...
The Citizen on MSN
Why cheques are losing ground to digital payments in Tanzania
The decline in the use of US dollar cheques has been attributed to increased use of the Tanzanian shilling in domestic ...
easypaisa Digital Bank, Pakistan’s first digital retail bank, has signed a Memorandum of Understanding (MoU) with the National Institutional Facilitation Technologies (NIFT), formalizing a strategic ...
The Uttarakhand High Court has authorized the use of email and WhatsApp for issuing summons in cheque bounce cases. This ...
In 2004, 81 percent businesses used cheques for B2B payments. By 2007, that number fell to 74 percent. In 2016, this number was below 50 percent. Why have businesses stopped using cheques? The reason ...
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