PYMNTS-MonitorEdge-May-2024

Clearing House

RTP Network Hits Milestone of 1 Million Daily Payments
RTP Network Hits Milestone of 1 Million Daily Payments
September 06, 2023  |  Real-Time Payments

The RTP network topped 1 million payments on a single day: Sept. 1. This accomplishment highlights the growing adoption of real-time payments and the benefits...

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Investment Banks Want Better Standards For Clearing Houses
Investment Banks Want Better Standards For Clearing Houses
October 24, 2019  |  Regulation

Asset managers like BlackRock and Vanguard, along with investment banks, have banded together to ask clearing houses to create larger safety buffers and more stringent...

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CHAPS Payment Scheme Confident In Payments Rebound Post-Brexit
CHAPS Payment Scheme Confident In Payments Rebound Post-Brexit
October 12, 2017  |  B2B Payments

The U.K.’s Clearing House Automated Payments System (CHAPS) is forecasting growth over the next decade. In a report published Wednesday (Oct. 11), CHAPS said it...

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Foreign Investment In UK Slips As Brexit Nears Reality
Foreign Investment In UK Slips As Brexit Nears Reality
October 10, 2017  |  Brexit

Last week was a tough one for U.K. Prime Minister Theresa May, who had to contend with a sore throat and a prank in the...

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New Law Will Force UK Clearing Houses To Complete Regular Cybersecurity Reports
New Law Will Force UK Clearing Houses To Complete Regular Cybersecurity Reports
August 25, 2017  |  International

Legislation expected to be introduced in May 2018 will require U.K. clearing houses to complete regular cybersecurity reports, moving regulation closer to current EU directives...

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China’s Central Bank Orders New Clearing House For Online Payment Groups
China’s Central Bank Orders New Clearing House For Online Payment Groups
August 10, 2017  |  International

The People’s Bank of China (PBoC) has ordered all online payment companies to channel mobile payments through a new clearing house by next June, which could...

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TCH’s New Framework For Regulators
TCH’s New Framework For Regulators
May 26, 2016  |  Regulation

The Clearing House (TCH) and the International Swaps and Derivative Association (ISDA) said on Wednesday (May 25) that they have jointly issued a whitepaper that helps...

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Big Banks Like NACHA’S Same-Day Plans
Big Banks Like NACHA’S Same-Day Plans
December 11, 2014  |  B2B Payments

NACHA’s new proposal for same-day ACH payments got a warm reception Tuesday (Dec. 9) from the big banks that helped kill a similar proposal in...

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