Clearing House news and trends

Investment Banks Want Better Standards For Clearing Houses
Regulation // October 24, 2019

Asset managers like BlackRock and Vanguard, along with investment banks, have banded together to ask clearing houses to create larger safety buffers and more stringent standards to help stave off potential future trading losses. Get the Full Story Complete the form to unlock this article...

CHAPS Payment Scheme Confident In Payments Rebound Post-Brexit
B2B Payments // October 12, 2017

The U.K.’s Clearing House Automated Payments System (CHAPS) is forecasting growth over the next decade. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Foreign Investment In UK Slips As Brexit Nears Reality
Brexit // October 10, 2017

Last week was a tough one for U.K. Prime Minister Theresa May, who had to contend with a sore throat and a prank in the middle of her speech at a conference. But, optics aside, she said in reference to Brexit that “we will find...

New Law Will Force UK Clearing Houses To Complete Regular Cybersecurity Reports
International // August 25, 2017

Legislation expected to be introduced in May 2018 will require U.K. clearing houses to complete regular cybersecurity reports, moving regulation closer to current EU directives around critical financial market infrastructure, including the Network and Information Security (NIS) Directive. Get the Full Story Complete the form...

Quick Reads
RTP Network Hits Milestone of 1 Million Daily Payments

September 06, 2023
The RTP network topped 1 million payments on a single day: Sept. 1. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications […]

Investment Banks Want Better Standards For Clearing Houses

October 24, 2019
Asset managers like BlackRock and Vanguard, along with investment banks, have banded together to ask clearing houses to create larger safety buffers and more stringent standards to help stave off...

New Law Will Force UK Clearing Houses To Complete Regular Cybersecurity Reports

August 25, 2017
Legislation expected to be introduced in May 2018 will require U.K. clearing houses to complete regular cybersecurity reports, moving regulation closer to current EU directives around critical financial market infrastructure,...

China’s Central Bank Orders New Clearing House For Online Payment Groups

August 10, 2017
The People’s Bank of China (PBoC) has ordered all online payment companies to channel mobile payments through a new clearing house by next June, which could have an impact on the...