Industry-wide moves to "put cheques firmly in the 21st century" - with new technology enabling them to clear by the next day - will start in October. A new system will enable images of cheques to be ...

People will no longer have to wait nearly a week for banks to clear cheque payments after a change in the law later this year. The Government wants to change the law to allow banks to process cheques ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Cheque payments could be speeded up if work carried out by the UK Payments Association is continued. This year, ...

Moves to "put cheques firmly in the 21st century" - with new technology enabling them to clear by the next day - will start in October, Mirror Online reports. The changes, which are bound to go down ...

Charities will soon be able to benefit from faster cheque clearing times, with the phased rollout of a new system from 31 st October this year that will reduce the waiting period to one weekday. The ...

The cheque as a method of payment and donation is far from dead, despite proposals some years ago to withdraw them by the end of this decade. Indeed, they are set to get a new lease of life with the ...

People will be able to pay in a cheque by sending a smartphone image of it to their bank under Government proposals to bolster the long-term future of the payment method. The Government described ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Anyone depositing a cheque at a US bank this week will trigger a surprisingly efficient and cheap process ...

People will no longer have to wait nearly a week for banks to clear cheque payments after a change in the law later this year. The Government wants to change the law to allow banks to process cheques ...