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 ...

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 ...

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 ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Set to go live in 2019, the new paperless platform will not ...

SURAT: State Bank of India opened an MICR cheque processing centre at Surat on Sunday. This is the second centre of SBI operating in the state, the first being at Vadodara. surat: state bank of india ...

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 ...

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 Reserve Bank of India (RBI) has postponed the implementation of its proposed three-hour cheque clearance rule, offering banks additional time to prepare for faster processing norms. The decision ...