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OCBC Bank in Singapore has upgraded its ATMs to accept checks and cash them instantly, according to a release.The bank said that even though the country is moving toward being check-free by 2025, the form of payment continues to be used, especially by small and medium-sized businesses SMBs .Theyre especially used for payroll and by vendors.Although the use of checks among its retail banking customers has fallen 40 percent since 2018, the bank said,聽 one in six cash transactions performed by OCBC Bank tellers over the counter are still cash encashments with 95 percent of those checks being issued by SMBs.OCBC Bank has introduced the new service at ATMs through 23 branches. The maximum amount is $30,000 per check, and the ATMs can process about 90 percent of all checks. It usually takes less than three minutes at the ATM as well, according to the release.The bank also noted it has specially-trained Digital Ambassadors who use mobile devices to verify the identity of customers and help them with transactions. So far,聽OCBCs newly-upgraded ATMs have processed almost S$17 million. As we continue to push Singapores cashle stanley quencher ss and cheque-less agenda, we are also accelerating our pace of digital transformation by continually stanley uk upskilling our branch staff to take on digital roles. We recognise that there are still segments of customers who require services like cheque encashments; it takes up a significant amount of time stanley cup for a customer and counter teller staff just to fulfil a Amjj Non-Retail Firms Launch Biometric Tools Amid Consumer Interest

In economics, its all fun and games until someone starts a trade war and loses some GDP.The steel tariffs have been levied. The aluminum tariffs are in place. The Trump administration had in weeks past looked to level a trading playing field on a global scale, yet without really taking aim at China.The latest salvos that came last week, though, target Beijing squarely and could have far-reaching repercussions for commerce. Or maybe, increasingly likely, not.Presid stanley cup ent Donald Trump is putting tariffs in place that would equate to as much as 25 percent of $60 billion in exports from China that come to the U.S.Beyond tariffs, other actions loom. They include curtailing investments by Chinese companies on these shores, with the aim of keeping in stanley us tellectual property close to the proverbial vest. Findings from United States Trade Representative Robert Lighthizer state that China curbs foreign ownership on firms and also mandates that technology be transferred from those U.S. firms to Chinese one kubki stanley s. Then, too, theres a bit of spying and other clandestine tactics afoot that accomplish the same IT appropriation.The strategy against China, accomplished via presidential memorandum, may be waged on multiple fronts. The impact will be concentrated and may have some blowback here in the States. More on that in a minute.Theres always the looming specter of retaliation. China has said through its ambassador that if people want to play tough, we will play tough with them. So, with the way thing