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Matthew Furrow

Cheque-Clearing Patent

Cheque-Clearing Patent

            The concept is simple, a recent Toronto Star article explains: `By the end of 2009, if all goes according to plan, paper cheques won't be cleared any more. Instead, electronic images will be transmitted from one financial institution to another.’ Standing in the way of this bankers’ dream, however, is the American firm DataTreasury […]