The Clearing House

The AP/AR Modernization Mandate: From Self-Assessment to Better B2B Payments
The AP/AR Modernization Mandate: From Self-Assessment to Better B2B Payments
April 19, 2024  |  B2B Payments

Modern technology makes modern business strategies possible. And with the news on Thursday (April 18) that Mastercard is bringing its commercial cards to mobile wallets,...

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MUFG Bank and Crédit Agricole Complete First ISO 20022-Aligned Payment on CHIPS
MUFG Bank and Crédit Agricole Complete First ISO 20022-Aligned Payment on CHIPS
April 17, 2024  |  Payment Methods

The first payment in the ISO 20022 message format on the CHIPS network was completed by Japanese financial institution MUFG Bank and European financial institution Crédit Agricole Corporate & Investment Bank, The...

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CHIPS ISO 20022 Migration Means Smoother Cross-Border Activity
CHIPS ISO 20022 Migration Means Smoother Cross-Border Activity
April 11, 2024  |  Cross-border Payments

A migration to a new standard — a common payment processing language — for cross-border payments is no mean feat. Legacy tech, the shift to...

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CHIPS Marks Migration to ISO 20222 Messaging
CHIPS Marks Migration to ISO 20222 Messaging
April 10, 2024  |  Payment Methods

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...

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New Data Shows Real-Time Payments Continue Rapid Global Advance
New Data Shows Real-Time Payments Continue Rapid Global Advance
April 05, 2024  |  News

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...

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RTP Network Reports 15% Growth per Quarter Since 2019
RTP Network Reports 15% Growth per Quarter Since 2019
April 04, 2024  |  Real-Time Payments

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...

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The Clearing House: CHIPS Saved Users $4.9 Billion in 2023
The Clearing House: CHIPS Saved Users $4.9 Billion in 2023
April 02, 2024  |  Payment Methods

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)...

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Experts Weigh FedNow’s Role in ‘Mainstreaming’ Instant Payments
Experts Weigh FedNow’s Role in ‘Mainstreaming’ Instant Payments
April 01, 2024  |  Real-Time Payments

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...

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Duke University Program Highlights Growing Popularity of On-Demand Pay
Duke University Program Highlights Growing Popularity of On-Demand Pay
March 21, 2024  |  Payroll

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...

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