Cheques Reprieved!
Tuesday, July 12th, 2011
Britain's banks have u-turned and scrapped plans to consign cheques to the history-books. In late 2009 members of the Payments Council voted to set a provisional target of 2018 for the abolition of cheques - which have seen declining popularity...
Cheques bouncing into history
Wednesday, December 16th, 2009
UK banks have voted to stop the cheque clearing system in 2018. If a viable alternative exists at that time. The press are having a field day, but most of them ignore the stated proviso of a working alternative. Its...
Chequing out for the last time?
Monday, November 23rd, 2009
UK banks are expected to soon announce that 2018 will herald the end of cheques. Cheque Guarantee cards are already set to disappear in 2011 as part of what the industry payment council (APACS) calls a "managed decline" of paper-based...