PYMNTS-MonitorEdge-May-2024

clearing

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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What Will London’s Place Be in the Future of Global Clearing?
What Will London’s Place Be in the Future of Global Clearing?
July 13, 2022  |  Cross-border Payments

Investors would argue that New York, home to the two largest stock exchanges in the world, is clearly the nerve center of the global economy....

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Nordic’s P27 Mulls Buying Swedish Clearing Platform
Nordic’s P27 Mulls Buying Swedish Clearing Platform
May 28, 2019  |  Payment Methods

The Nordic’s P27, a bank-owned initiative to create a common payments platform across the region, is looking into buying Swedish clearing payment firm Bankgirot. P27...

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