Many nations have been joining the real-time payments scene as they catch on to the benefits these systems offer. Fifty-six countries had their own immediate...
The advent and then dominance of COVID-19 has put the concept of globalization in a different light. What was once the darling of economists and...
Transaction volumes with Australia’s real-time payment system may exceed 2 million daily, but it was a long road to enable the widespread use cases seen...
Demand for faster payments has been increasing worldwide as consumers and businesses seek more convenient services. Central banks and payment systems operators are catering to...
While there is growing excitement over the application of blockchain as a payment rail, financial service providers and FinTech innovators continue to find value in...
The CHIPS network from The Clearing House now accepts new payment messages as late as 6 p.m. Eastern Time effective Monday (March 8) instead of...
In today’s top news in digital-first banking, PNC Bank has joined The Clearing House’s CHIPS network, while the U.K.’s Financial Conduct Authority (FCA) is increasing the limits...
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...