Aug 15, 2002 The Australian Financial Review ABIX via COMTEX -- National Australia Bank NAB is considering joining with other banks in processing cheques. Banks are under pressure to pool their cheque processing resources. Processing cheques is one of the most expensive back-office areas...
A NEW WAY to reduce cheque fraud--and perhaps cheque processing times--is now available. Advanced Financial Solutions, provider of cheque image-based application software, and Infonox, software provider for transaction and payments products, have rel A NEW WAY to reduce cheque fraud--and perhaps cheque processing times--is now...
NORFOLK, United States AFP — US athletics star Marion Jones has reportedly been linked to a five million-dollar cheque-counterfeiting ring, having received a 25,000-dollar cheque from a defendant. Citing court records, the Virginian-Pilot newspaper reported that Jones, in the middle of a comeback following a disappointing Olympic-year flop in...
LONDON AFP ? A postman stole a blank cheque signed by a member of the British royal family and filled it in for 25,000 pounds (38,000 euros, 45,000 dollars) in his friend's name, a court heard. Unfortunately for Kamel Haddouche, bank staff were suspicious when his friend tried to...
PEGASYSTEMS, a leading provider of Customer Relationship Management CRM solutions, has revealed that its solution for electronic cheque presentment and electronic dishonours at National Australia Bank is in production. The solution has enabled the National to meet the Australian Payments Clearing Association APCA mandate to reduce the cheque clearance...
Byline: Kelly Mills Aug 15, 2005 (The Australian - ABIX via COMTEX) -- Australia's St George Bank has announced plans to establish its own cheque-clearing service. The...
Jun 06, 2005 (The Australian Financial Review - ABIX via COMTEX) The Commonwealth Bank CBA, Westpac and National Australia Bank NAB have all joined forces in a new cheque processing venture, Vipro. Vipro will be run by outsourcing company Fiserv, which has already begun ...
Bangkok Post, Thailand Knight Ridder/Tribune Business News Jan. 30--Krung Thai Bank plans to invest 100 million baht to streamline cheque-clearing. Computer Union Co has been awarded a contract to provide a clearing system to support the bank's back office centre in Bangkok, which handles...
LONDON AFP — A former dominatrix who once stood for election to the British parliament under the name Miss Whiplash made a whacking loss when she auctioned a tax cheque made out by former Beatle John Lennon. Lindi St Clair -- who contested the 1993 poll as head of...
POP superstar Madonna is a control freak obsessed with taking care of her pounds 150m fortune, according to her former manager. She takes personal charge of every aspect of her business empire and won't allow even a single cheque to be paid without her say-so, says Bert...
TORONTO--BUSINESS WIRE--June 10, 1997-- MDC Communications Corporation of Toronto, (TSE MDZ.A., AMEX:MDQ) today announced that their wholly-owned subsidiary, Davis + Henderson Ltd., of the Security and Specialty Products Division has been awarded 100 percent of the cheque supply program from Scotiabank - up from 55 percent pursuant to the previous...
Byline: Simon Hayes Dec 11, 2006 (The Australian - ABIX via COMTEX) -- The National Australia Bank NAB internet banking software has a bug that displays credit card payments as debts. The glitch affects deposits made by cheque only, which are shown incorrectly...
By Parista Yuthamanop, Bangkok Post, Thailand Knight Ridder/Tribune Business News Jan. 20--The Bank of Thailand will reduce the timeframe for inter-provincial cheque collection to three days from six, starting on Feb 14. The move is one of several that the...
EQUITABLE Life has coughed up AGBP10m to end its eight-month long high court case against its former directors. After four years of wrangling and having paid out an estimated AGBP35m to top law firm Herbert Smith, the scandal-hit mutual revealed on Friday that it...
t's been a high-spending week for William Harrison jnr, the hyperactive chief executive of Chase Manhattan. Last weekend he was at Flushing Meadow, handing a cheque for $800,000 (pounds 570,000) to Venus Williams, the winner of the (Chase-sponsored) US Open tennis championship. By Tuesday, he was ready to write a...
SAN DIEGO--BUSINESS WIRE--Feb. 8, 1999--HNC Financial Solutions today announced that Bank of America has become the first bank to purchase Falcon ChequeTM, an innovative check fraud detection solution.
TEHRAN AFP — Persuaded somewhat prematurely by election promises, an Iranian man bought eight sheep with a 500,000-rial (55-dollar) cheque in a presidential candidate's campaign literature. The Qods daily said the man from a village in Ghaen, northeastern Khorasan province, found out that the cheque was not genuine when...
Feb. 11--NEW DELHI -- He is the first high ranking executive of a pharma MNC to come calling on India after the product patent regime was introduced. And, he says he's come with a "blank cheque". Feb. 11--NEW DELHI -- He is the first high...
Dec 18, 2002 (The Sydney Morning Herald - ABIX via COMTEX) Frank Walsh, the former director of America's Tyco International, has avoided a jail sentence. On 17 December 2002, Walsh pleaded guilty to failing to disclose to his fellow directors that he had received...
Several recently fined and suspended firms, whose IPO actions caused crossed and locked markets according to NASD Regulation, have filed corrective action plans. Ten firms were fined and five of them were also suspended from market-making activities because the after market of their IPOs caused locked and crossed markets,...
