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. Others might point to Hong Kong as the engine of international commerce thanks to its deep ties with the world’s...
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 is a joint initiative created by Danske Bank, Handelsbanken, Nordea, OP Financial Group, SEB and Swedbank that aims to link...
July 13, 2022
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. Others might point to Hong Kong as the engine of international commerce thanks to its deep ties with the world’s largest economies and critical role as the preeminent East-West trade […]
April 02, 2024
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) liquidity savings algorithm to the tune of $13.8 million per day, The Clearing House (TCH) said in a Tuesday (April 2) news release. “These savings are proving especially relevant following an […]
May 28, 2019
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 is a joint initiative created...
