A numeric digit used to ensure that account numbers are entered accurately into the computer. Check digits are computed when the numbers are generated, and they become part of the number, often at the ...

With effect from January 1, 2021, banks will introduce a new digit on the Magnetic Ink Character Recognition code line and expiry dates to new cheque books. First Bank of Nigeria Limited disclosed ...

Computers in working order and with correct software don’t make mistakes. People, however, make plenty of mistakes (including writing bad software or breaking computers). In quality circles, there’s a ...

Katie has a PhD in maths, specializing in the intersection of dynamical systems and number theory. She reports on topics from maths and history to society and animals. Katie has a PhD in maths, ...

Most of us carry credit cards and ATM cards. These, typically, have sixteen digits on the front. These digits are the unique account number for the card. For obvious reasons, just any sixteen digits ...

Lissa Anderson was a diplomat with the US State Department for over a decade, having served in Indonesia, Sri Lanka, Iraq and France. Since leaving the State Department, Lissa has lived as an American ...

A void cheque is one that has been rendered invalid by writing "VOID" across it. Voided cheques are often used to transmit banking details for the purpose of making an electronic transaction. Many or ...