The Death of the Chequebook – How Finance Technology has Evolved

Chequebooks are seldom seen in society today, with the convenience of contactless cards taking over by and large. There were only a total of 405 million cheques processed in the UK in 2018, down from over 4 billion in 1990! This is largely by design, as many banks choose to phase out chequebooks entirely by introducing a number of hurdles that didn’t exist before. This means that those who still rely on using cheques to pay their bills are being forced to adapt to survive, but online banking is not the complicated experience it once was.…