Fraud & Ethics
Regulation, Risk & Compliance
Uncategorized
UAE to implement new technology to reduce cheque fraud
Banks in the UAE are expected to soon start implementing new technology – including the use of QR codes to improve cheque security in the country. Members of the UAE Banks Federation (UBF) plan to introduce enhanced encryption technology which will see individual cheques allocated a random number that can…
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Click here to read the full story: Gulf Business