You know the gold foil holograms on some of our Canadian currency? These are a built-in security feature, among others to help protect against forgers. Some have seen a similar hologram on cheque stock and equated the same sense of security with cheques as with currency. These people would be mistaken. Here is the MYTH: These … Read more
Cashing Cheques In Canada Every year at Christmas, my 82 year old Grandmother gives each of her children’s families a cheque, and every year, she gets more and more anxious when it takes longer than a week for the money to come out of her account. We all live hectic lives, and many times, getting … Read more
The style of cheque needed depends mainly on the purpose; are you giving a birthday present, paying off an invoice, or, are you completing your weekly payroll. Once this is determined, the cheque styles are as follows: Personal Cheques – Handwritten and ideal for presents, rent or other common items. Manual Cheques – Used by … Read more
D & H, also known as Davis & Henderson, has been a partner supplier of cheques to most financial institutions in Canada for a number of years. Most people in Canada think that the only place to order their cheques is at the bank, and some may even think the bank actually prints the cheques. … Read more
You have just started your own business. Congratulations! You have a lot to do and a lot of expenses. In order to keep your expenses down, without compromising your cheque security and quality, how about going with a Cheque Print starter kit. These kits start with our high-security cheque stock, add-in customized deposit slips, a … Read more
Visa has announced a new Prepaid Clearinghouse Service – “a centralized database that allows financial institutions, processors and prepaid program managers to share prepaid card data such as enrollments, load funding, suspected fraudulent information and previously reported fraud on existing card accounts.” Visa says the new service will provide information sharing to better identify and stop fraudulent … Read more
It’s tough being a Canadian bank these days, what with the lackluster economy and the leveraged-to-the-hilt consumer. That’s been the story for the past two years but somehow, each quarter, players manage to squeeze out better-than-expected results. Read full article!
A recent poll by American Banker Magazine reported on the impressions of the future of banking and generated some interesting perspectives about what the future will be like. While there were several insights, one comment especially captured the essence of the future! Read the whole article on Bank Innovation!