The Business Journals

Positive Pay service helps businesses combat rising check fraud threat

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Check fraud remains one of the greatest fraud threats to ...
The Business Journals

How Positive Pay safeguards companies from check fraud and other scams

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Check fraud remains one of the greatest fraud threats to ...
The Financial Express

Positive Pay mechanism for all cheques above Rs 50,000: RBI proposes this safety measure

This will cover approximately 20 per cent and 80 per cent of total cheques by volume and value, respectively. Cheque Payment: To enhance the safety of cheque payments, RBI has decided to introduce a ...
The Financial Express

Positive pay system for cheque payments to come into effect from January 1: RBI

In order to check banking fraud, the Reserve Bank of India has decided to introduce from January 1, 2021, the ‘positive pay system’ for cheque, under which re-confirmation of key details may be needed ...