During 2024-25, the RBI had added 54.13 metric tonnes of gold. The Reserve Bank of India has introduced real-time clearing of cheques. However, technology integration glitches, inadequate training of ...
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 ...
Hosted on MSN
RBI’s New Cheque Settlement System Faces Initial Glitches, NPCI Promises Quick Resolution
India’s banking system has taken a major technological leap with the rollout of the new continuous cheque settlement system—a reform designed to make cheque clearing faster and more efficient. However ...
Pune: Account holders and merchants continue to face delays in cheque processing under the newly implemented single presentation cheque clearance system, despite the National Payments Corporation of ...
More people are using e-payment solutions such as PayNow and FAST. Singapore’s banks are reporting a steep decline in cheque use as the country moves toward ending physical cheque payments by 2027, ...
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 ...
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