by Robert Tripp | Jan 21, 2007 | Articles, Banking Product Engines, Gateways to the Banking Industry
In November 2006, the Office of Fair Trading (OFT), a branch of the UK Government and APACS jointly announced changes to the UK Cheque Clearing System. Who will blink first, the OFT, the Clearers or the Agency Banks? To explain how we come to this conclusion we break...
by Robert Tripp | Aug 28, 2005 | Articles, Banking Product Engines, Gateways to the Banking Industry
The main clearing banks provide special services for: Organisations receiving very large numbers of payments (e.g. utility companies, retailers, local government etc.) Small banks and building societies who do not want the hassle of running their own clearing and...
