The Inland Revenue Department (IRD) has admitted it mailed out more than 1200 dud refund cheques, after a person complained that one of them bounced because it was printed on the wrong paper. IRD ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. To support its US clients’ transition from paper to electronic ...

The UK Payments Council says it is working with banks to develop an alternative paper-based payment method as part of a commitment not to leave customer "high and dry" when the cheque clearing scheme ...

The surging popularity of e-transfers could soon cancel the paper cheque's status as our favourite way to send money. The cheque as we know it has been around for 300 years, while the Interac ...

The Trump administration wants to stamp out one of Americans’ enduring financial pastimes: writing cheques. Americans are the global leaders in cheques, writing 10 times that of Britain, Australia, ...

Irish consumers finally spurned paper cheques in 2020 as Covid accelerated widespread acceptance of digital payments, according to new data from the Banking and Payments Federation of Ireland (BPFI).

Sending paper cheques may soon be a thing of the past — and it could be thanks to COVID-19. The global novel coronavirus pandemic that shut down many businesses and forced much of the workforce to ...

Cheques are to be abolished under controversial plans being drawn up by bankers. They are widely expected to vote next month for the chequebook to be consigned to history. Yesterday, the move was ...

These days, most people have made the transition from their chequebooks to their debit cards. The fact checks never die, the transitions of checks to cards is been happening, but it only for small ...