82 articles tagged with this keyword
News/Cheque imaging
US giant Citi has unveiled what it claims is the first banking app designed specifically for Amazon's Kindle Fire tablet.
08 March 2012
US Bank has settled a patent infringement lawsuit relating to cheque processing technology with DataTreasury.
03 January 2012
New York-based mobile and online payments start-up Zipmark has raised $2 million in a seed funding round led by Village Ventures and Contour Venture Partners.
15 December 2011
The New Zealand banking industry is to begin a wide-ranging consultation on the future of paper cheques in the country.
06 July 2011
Around a quarter of Americans want to be able to bypass branches and ATMs and use their mobile phones to deposit cheques, according to a report from Javelin Strategy & Research.
24 May 2011
PayPal has updated its Android app, enabling US customers to transfer cheques to their accounts by taking a photo with their handset.
19 May 2011
The popularity of mobile deposit technology among US banks and consumers has proven a boon for Mitek Systems, which has raised $15 million through a share sale after reporting record revenues and earnings.
09 May 2011
Banking giant HSBC has agreed to pay $5.5 million to settle a patent infringement case with payment processing outfit LML Payment Systems.
03 March 2011
In a European first, Spain's Banco Sabadell has added remote deposit cheque capture functionality to its mobile platforms.
19 January 2011
The US Treasury is to switch off cheque payments to all citizens currently receiving federal benefit and non-tax payments by the end of the first quarter 2013, with new benefit recipients forcibly moved to electronic direct deposits from May 2011.
21 December 2010
Americans are increasingly turning their backs on cheques in favour of electronic payment methods, particularly debit cards, according to a study from the Federal Reserve.
09 December 2010
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 is finally abolished.
07 December 2010
A federal judge has doubled the damages US Bank must pay DataTreasury for cheque processing technology patent infringements to around $54 million.
30 September 2010
France's competition watchdog has fined 11 banks a total of EUR344.9 million for colluding to charge customers "unjustified" interbank fees during the switch-over to a new digital cheque processing system.
20 September 2010
Security outfit SecureWorks has uncovered a sophisticated cheque counterfeiting operation that deploys a network of botnets, malware and moneymules to steal, print and cash millions of dollars worth of bogus cheques.
29 July 2010
The Irish government has agreed to the creation of a high level group that will establish a National Payments Implementation Plan (NPIP) designed to wean the country off its dependence on paper-based cash and cheques.
16 July 2010
US bank Chase has updated its iPhone app, adding remote cheque deposit and person-to-person payment features.
06 July 2010
US Bank has been ordered by a jury to pay Texas-based DataTreasury $27 million over cheque processing technology patent infringements.
30 March 2010
Strong consumer interest in mobile remote deposit capture technology will dramatically alter the current deposit-taking activities of retail banks and provide a viable roadmap to banks pursuing 'thin branch' strategies, according to a study by consultancy Mercatus.
12 February 2010
Nearly a quarter of a century after the name disappeared, Burroughs has been resurrected by a private equity firm that has acquired Unisys' cheque and cash automation equipment business.
04 February 2010
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