Tagged: paper cheques

BNY Mellon Supports Reduction in Paper Checks as Sustainability Goals Become More Critical

BNY Mellon (NYSE: BK), which claims to be one of the largest check processors in the United States, is leading efforts “to reduce check-based payments as sustainability goals and environmental concerns take root across the globe.” To support U.S. clients’ transition from paper to electronic… Read More

Central Bank of The Bahamas Initiates Consultation on a Plan to Eliminate Use of Paper Cheques

The Central Bank of The Bahamas has officially started consultations with banking institutions, credit unions as well as other payment services providers on a strategy to “eliminate all use of domestic cheques by the end of 2024.” According to a release, wider public consultation is… Read More

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