This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The central bank’s reduction strategy will be supplemented ...

Australians will soon not be able to cash cheques under a bold plan to modernise the way people get access to their money. The decision will see cheques phased out by the end of the decade under ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Banks and building societies are being urged to take action to ensure cheques are still widely accepted, amid ...

Changing habits: People pass a bank in Singapore. Experts say specific uses for cheques still exist, especially for high-value transactions such as property or car payments. — Reuters SINGAPORE: ...

In a bid to modernise payments, it is proposed to phase out cheques by 2016. But concern about the security of electronic methods means the move may prove a challenge, writes John Cradden This is one ...

Lian Beng Group’s switch to e-payments has transformed how it manages cash flow across more than 20 subsidiaries and thousands of suppliers and subcontractors – a timely shift as Singapore prepares to ...

Thanks to the popularity of credit and debit cards, as well as e-payment systems such as PayPal, the cheque has been slipping further and further out of favour. Banks and building societies wanted to ...