Thursday 31 July 2014

Canon launches new UV cheque scanner

Canon Middle East, a leader in imaging solutions, has launched its new cheque scanner capable of capturing UV ink. The imageFormula CR-190i UV cheque scanner seeks to give retailers, banks and financial institutions the ability to


CBB takes steps for speedy cheque clearance

The Central Bank of Bahrain (CBB) has announced  key amendments that will help speed up clearing of cheques and reduce the risks of handling them, said a report.   The n


UAE relaxes penalties in cheque bounce cases

The UAE will stop imprisoning expatriates for writing cheques that bounce, Abu Dhabi daily The National reported on Tuesday, citing a senior official. The UAE's tough penalties for defaulting on loans, which is a criminal offe


UAE frees hundreds of debtors from jail

The UAE has released from prison around 290 people convicted of bouncing cheques, the state news agency said on Saturday, the latest step by one of the world's richest countries to help its citizens deal with their debts. The


Sakana implements cheque receivables system

Sakana Holistic Housing Solutions, an Islamic mortgage finance provider, has implemented the Cheque Receivables System (CRS) from Rsquare Technologies, an IT Solutions company based in Bahrain.  This robust front office system will a


Dubai Bank launches new balance transfer service

Dubai Bank has announced the launch of its new balance transfer facility which allows customers to shift their credit card balance from another bank to Dubai Bank’s covered card, at a highly competitive profit rate. Upon transferring their


Canon launches new cheque scanner

Canon Middle East, a leader in imaging solutions, has launched its latest cheque scanner designed for desktop scanning of cheques, vouchers and coupons, with speeds up to 50 cheques per minute. Canon’s new imageFormula CR-50 replaces the p

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