29 June 2017
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Latest cheque imaging news

VocaLink and BancTec win UK cheque clearing mandate
Retail banking

VocaLink and BancTec win UK cheque clearing mandate

30 March 2017  |  8250 views  |  23 comments | 7 tweets | 10 linkedin

VocaLink and BancTec have won the mandate to build and run the infrastructure for a new industry-wide image-based cheque clearing system in the UK.

UK to roll out image-based cheque clearing system
Payments

UK to roll out image-based cheque clearing system

22 March 2017  |  8930 views  |  10 comments | 21 tweets | 45 linkedin

The UK is to roll out an image-based cheque clearing system in October that will slash processing times from six 'weekdays' to one day and pave the way for the introduction of interbank mobile cheque deposits.

iPSL to shed half its workforce as digital imaging hits cheque processing
Retail banking

iPSL to shed half its workforce as digital imaging hits cheque processing

08 November 2016  |  4588 views  |  0 comments | 6 tweets | 6 linkedin

UK cheque processing firm Intelligent Processing Solutions Ltd (iPSL) is planning to close seven sites across the country resulting in approximately 600 job losses.

Fed hands IBM contract to modernise ACH platform
Payments

Fed hands IBM contract to modernise ACH platform

14 January 2016  |  6020 views  |  1 comments | 15 tweets | 11 linkedin

IBM has won a tender to modernise the Federal Reserve's ACH platform, which processes up to 100 million transactions per day and half of all US payments.

US mobile cheque deposit takeup stutters
Mobile & online

US mobile cheque deposit takeup stutters

26 August 2015  |  7364 views  |  0 comments | 9 tweets | 7 linkedin

Despite the prevalence of cheques in the US, the vast majority of people still do not deposit them using their mobile phones, research from the American Bankers Association shows.

Barclays extends cheque imaging to Android phones and iPads
Retail banking

Barclays extends cheque imaging to Android phones and iPads

02 July 2015  |  6940 views  |  3 comments | 13 tweets | 11 linkedin

Barclays is to roll out its mobile cheque imaging service to Android phones and iPad users, bringing the service within reach of one million more customers.

Canada's D+H agrees $1.25bn Fundtech acquisition
Payments

Canada's D+H agrees $1.25bn Fundtech acquisition

31 March 2015  |  9841 views  |  0 comments | 5 tweets | 21 linkedin

Canadian financial technology firm D+H is to buy transaction banking vendor Fundtech for $1.25 billion in cash, subject to regulatory approvals.

US mobile banking on the rise - Fed study
Payments

US mobile banking on the rise - Fed study

27 March 2015  |  11323 views  |  0 comments | 17 tweets | 17 linkedin

Nearly 40% of banked Americans that have mobile phones now use their handsets to access their accounts, according to research from the Federal Reserve Board.

Lloyds to pilot mobile cheque deposits with business customers
Mobile & online

Lloyds to pilot mobile cheque deposits with business customers

12 December 2014  |  15981 views  |  2 comments | 15 tweets | 14 linkedin

Lloyds Bank is to begin testing mobile cheque deposits with a select group of commercial customers.

Barclays extends cheque imaging pilot to one million customers
Mobile & online

Barclays extends cheque imaging pilot to one million customers

05 December 2014  |  22910 views  |  3 comments | 14 tweets | 18 linkedin

Ahead of Christmas, Barclays is giving one million customers the ability to pay in cheques remotely by taking photographs with their phones.

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