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...
Real-time payments continue to gain global momentum in 2024. Two new national players joined the scene in March, and others are introducing significant advancements to...
The Clearing House’s RTP® Network has seen growth in both transaction volume and value in 19 out of the last 20 quarters, dating back to 2019. Both...
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)...
Drew Edwards, CEO of Ingo Payments, and Doug Brown, president of NCR Voyix, told PYMNTS’ Karen Webster that the new instant payments rails will eventually go mainstream now...
Gone are the days when employees were content with waiting for the standard pay cycle to receive their hard-earned wages. Today’s workforce, whether grappling with...
Transaction volume on the Electronic Payments Network (EPN), The Clearing House’s private sector ACH network, increased 8% in 2023. The EPN processed more than 19 billion...
The financial landscape is rapidly evolving in an era of faster payments, presenting a blend of opportunities and setbacks. One of the major hurdles that...