Embracing new payment rails, and enhancing the value of existing ones, remains a key part of promoting overall payment innovation. But as real-time payment networks...
Real-time payments may be on everyone’s radar, and though a number of domestic schemes have been proliferating around the world, the U.S. has been lagging,...
Jim Aramanda, president and CEO of The Clearing House, explains why the RTP (Real-Time Payments) network is the payments system built for the 21st-century digital...
Three years is a long time, and it is how long payment industry stakeholders will have to wait to see if FedNow, the instant payments...
The Federal Reserve continues to make headway in driving payment rail innovation via the upcoming FedNow Service, as well as increasing interest in blockchain and...
In Australia – eventually, perhaps – one rail to rule them all? To that end, an effort to consolidate payments rails’ efforts and – is...
PNC Bank has joined The Clearing House’s CHIPS network to enable it to “clear and settle high-value and cross-border payments,” per a press release. “PNC...
Consumers know the drill. Get a phone bill, send a check, time when the check reaches the provider, estimate when it gets deposited, and estimate...
Getting paid quickly is often a struggle for vendors, and too many delays could cause cash flow disruptions that might put smaller operations out of...