Automatic Clearing House

22 Feb 16 @ 10:09

EACHA leads, upon invitation by the ECB, a taskforce consisting of ACHs (including members of EACHA, EBA Clearing and representatives of Target2), national central banks, the ECB, and ad hoc... read more

02 Feb 16 @ 10:15

Germany has a new online payment method. Launched during the final quarter of 2015, paydirekt facilitates ACH-funded payments between consumers and merchants. Germany already has various alternative online payment types,... read more

25 Jan 16 @ 16:44

SWIFT says that 45 leading banks have signed up to its global payments innovation initiative, announced at the end of December 2015. The 45 participating firms include major transaction banks from... read more

18 Jan 16 @ 09:12

The Federal Reserve Bank of Atlanta has selected IBM to modernize its ACH processing platform. During ACH operations, the Federal Reserve serves as the central operator ensuring electronic payments (direct deposit,... read more

10 Dec 15 @ 11:00

VocaLink has signed a contract with The Clearing House (TCH) to develop a national real-time payment service in the US. In October, the two companies announced they had signed a... read more

09 Dec 15 @ 14:16

Recently merged Equens is expanding its product portfolio to include an end-to-end pan-European instant payment service. The instant payment solution will not only deliver an interbank automated clearing and settlement... read more

04 Dec 15 @ 12:43

Early Warning Services announced on October 26th that it has entered into an agreement to acquire clearXchange, which will create a bank-owned real-time payments system with unparalleled DDA connectivity. The... read more

25 Nov 15 @ 13:48

In  a new report from Worldpay it is predicted that the alternative payment market will leave its growing pains behind in 2016. 2016 will herald “the third age of digital payments” now that... read more

12 Nov 15 @ 08:47

The Faster Payments limit for Banks and Building Societies has been raised to £250,000 per payment from Tuesday 10 November 2015, following an increase to the scheme limit announced by Faster Payments... read more

26 Oct 15 @ 16:44

The Clearing House (TCH) has entered into a letter of intent with VocaLink, the UK-based international payment systems provider, to help build and deliver core elements of TCH’s new real-time... read more

08 Oct 15 @ 13:55

China’s central bank has launched the China International Payment System (CIPs), a worldwide  interbank payment system and superhighway for the yuan to facilitate trade settlement and investment dominated in the yuan. CIPS... read more

07 Oct 15 @ 14:02

Non-cash payment volumes are expected to continue on a high growth trajectory in 2014, according to the World Payments Report 2015 from Capgemini and the Royal Bank of Scotland (RBS). They are... read more