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NFC payments to reach tipping point in three years?

News Wilcox added: "Whilst trial results so far have been encouraging, the industry as a whole will need to convince both consumers and merchants of the merits of yet another payment mechanism on top of cash, cheques, credit and debit cards, and to... [18 Jul 2008]

Cheques go up in smoke but plastic is fantastic

News Apacs director of communications, Sandra Quinn, said as retailers stop accepting cheques it is expected that a large proportion of those payments will migrate to debit card payments. This will accelerate a change that is well underway, as the last... [12 May 2008]

Carphone Warehouse in data protection breach

News The two companies also failed to respond to individuals' requests for the information it held on them, despite cashing cheques to pay for the information, according to the ICO. Security from A to Z Click on the links below to find out more. [16 Jan 2008]

Christmas spend online to hit £5bn

News Apacs recently estimated that the combined spending through cards, cash and cheques will hit £53bn for December - an increase of 4.2 per cent on 2006. And Monday 3 December is predicted to be the most popular day for online shopping on the record... [30 Nov 2007]

Cheques gone by 2018?

News A banking industry consultation on the future of payment mechanisms in the UK is calling for cheques to be completely phased out by 2018. The consultation document published by the Payments Council this week calls for the banking industry to... [27 Nov 2007]

Admiral digitises supplier payments

News We are a FTSE 350 company and we were still sending out written cheques to our suppliers. Insurance specialist Admiral Group has implemented an £80,000 document management system from Version One to automate its purchase-to-pay processes. [29 Oct 2007]

March away from cheques continues apace

News Transport for London (TfL) has joined an increasingly long list of UK organisations no longer accepting cheques as a form of payment. Word emerged this week that the capital's body for public transport and supermarket chain Morrisons have joined a... [22 Jun 2007]

Online shoppers still paying with cash and cheques

News In contrast, 17 per cent of French like to pay for online shopping with cheques, while 19 per cent of Italians use cash on delivery. More than half of European web users regularly shop online - though not all of them are making their payments over... [04 Jan 2007]

Banks to speed up cheque clearing times

News A report published today by the Cheques Working Group, led by the OFT, found there is no case for a complete rebuild of the cheque-clearing system. Government research has found the number of cheques in circulation is falling by around eight per... [14 Nov 2006]

€75bn to be spent with prepay cards by 2010

News Gift voucher" cards will fuel almost 30 per cent of growth, while prepaid cards to replace travellers' cheques and foreign cash will account for 15 per cent of spending. Europeans will spend €75bn using prepaid cards by 2010, research predicts. [15 Aug 2006]

Mozilla CEO: 'Why we're still shunned in the enterprise'

News This compensation is more likely to take the form of hardware gifts or other resources, not fat pay-cheques, though. Mozilla, maker of the open source Firefox web browser and Thunderbird email client, says a reliance on proprietary technologies is... [24 May 2006]

Are cash machines heading for extinction?

News Plastic has certainly outstripped the use of cheques - which some shops won't even accept anymore. Some people argue the days of using cash are numbered; already more shopping is done using debit cards than cash. [25 Apr 2006]

Asda does away with cheques

News Supermarket chain Asda is to stop accepting cheques in a number of UK stores as more people are paying by card, it claims. Shell, the oil company, abolished the use of cheques in its retail petrol stations last year. [03 Apr 2006]

Take a trip to the bank of the future

News Standing in the queue to pay in your cheques, you pick up a leaflet on personal loans and start reading. As you are walking in to a bank branch office, a member of staff you've never seen before rushes over to greet you by name. [24 Jan 2006]

5,000 companies miss vital IT project deadline

News Ultimately, [in] the worst case, they can offer cash or cheques but there's no reason it should come to that. Around 5,000 companies failed to implement the new software necessary to use the updated system for paying direct debits and salaries. [10 Jan 2006]

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