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Positive Pay System: Know how it prevents cheque fraud and secures high-value transactions

As scams grow more sophisticated, at least you have one less thing to worry about—cheque fraud. The Reserve Bank of India (RBI) implemented the Positive Pay System (PPS) back in 2021, which has ...
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RBI’s New Cheque Settlement System Faces Initial Glitches, NPCI Promises Quick Resolution

India’s banking system has taken a major technological leap with the rollout of the new continuous cheque settlement system—a reform designed to make cheque clearing faster and more efficient. However ...