This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Why does the US lead the world in the use of paper cheques?

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. With cheques now making up just 0.2% of non-cash payments in ...

Reserve Bank of India will roll out a faster cheque clearance system from Oct. 4. Under the new guidelines, banks will scan, submit and clear cheques within a few hours. The new guidelines propose a ...

LONDON, Nov 14 (Reuters) - Britain's government will on Tuesday outline plans to speed up electronic money transfers and provide clarity on cheque clearing times from next year, as it sets up a new ...