PYMNTS-MonitorEdge-May-2024

chips

AI Chip Demand Surge Sparks Debate on Future Shortages
AI Chip Demand Surge Sparks Debate on Future Shortages
September 27, 2024  |  artificial intelligence

The artificial intelligence (AI) revolution is raising concerns about a new global semiconductor shortage, with experts offering diverse perspectives on its timing, scope and impact...

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Why It’s Time for Corporates to Jump on the ISO 20022 Bandwagon
Why It’s Time for Corporates to Jump on the ISO 20022 Bandwagon
June 14, 2024  |  Payments Innovation

It might not get the amount of play that real-time payments, open banking and artificial intelligence get, but the global payments industry reached a milestone...

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MUFG Bank and Crédit Agricole Complete First ISO 20022-Aligned Payment on CHIPS
MUFG Bank and Crédit Agricole Complete First ISO 20022-Aligned Payment on CHIPS
April 17, 2024  |  Payment Methods

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...

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CHIPS ISO 20022 Migration Means Smoother Cross-Border Activity
CHIPS ISO 20022 Migration Means Smoother Cross-Border Activity
April 11, 2024  |  Cross-border Payments

A migration to a new standard — a common payment processing language — for cross-border payments is no mean feat. Legacy tech, the shift to...

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The Clearing House: CHIPS Saved Users $4.9 Billion in 2023
The Clearing House: CHIPS Saved Users $4.9 Billion in 2023
April 02, 2024  |  Payment Methods

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)...

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Nvidia Launches Latest AI Chips and Software at Developer Conference
Nvidia Launches Latest AI Chips and Software at Developer Conference
March 19, 2024  |  Artificial Intelligence

Nvidia is rolling out a new series of artificial intelligence (AI) products at its annual developer conference in San Jose, California, as it strives to...

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The Clearing House Likens ISO 20022 Implementation Delay to ‘Global Choreography’
The Clearing House Likens ISO 20022 Implementation Delay to ‘Global Choreography’
March 02, 2023  |  Cross-border Payments

A delay, but no setback. Richard Dzina, senior vice president of product development for CHIPS at The Clearing House, told PYMNTS the recent rescheduling by...

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Boosting The Value Of Existing Payment Infrastructure
Boosting The Value Of Existing Payment Infrastructure
March 11, 2021  |  B2B Payments

While there is growing excitement over the application of blockchain as a payment rail, financial service providers and FinTech innovators continue to find value in...

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TCH’s CHIPS Network Now Has Longer Operating Hours
TCH’s CHIPS Network Now Has Longer Operating Hours
March 08, 2021  |  Banking

The CHIPS network from The Clearing House now accepts new payment messages as late as 6 p.m. Eastern Time effective Monday (March 8) instead of...

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