When The Clearing House amended its rules on digital wallets in early May, few in the industry paid much attention. After all, it was little more...
It’s easy to generate buzz — harder to generate results. As PYMNTS continues to interview key executives about the first year of the FedNow® Service,...
The future of money movement is accelerating globally. With real-time payments on the U.S. RTP® Network and in Europe setting new usage records, and awareness...
Cash flow is the lifeblood of any business. That’s why many of the most exciting innovations within payments are aimed at helping businesses build better...
The first payment in the ISO 20022 message format on the CHIPS network was completed by Japanese financial institution MUFG Bank and European financial institution Crédit Agricole Corporate & Investment Bank, The...
Real-time payments have enjoyed optional status up to this point. But they are quickly becoming an essential competitive factor for financial institutions (FIs), especially in...
A migration to a new standard — a common payment processing language — for cross-border payments is no mean feat. Legacy tech, the shift to...
The Clearing House says its CHIPS network has migrated to the ISO 20022 messaging format. The adoption of this format by CHIPS (Clearing House Interbank Payment...
The Clearing House said its CHIPS system saved participants $4.9 billion in 2023. Those savings were derived from the CHIPS (Clearing House interbank payment system)...