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...
A migration to a new standard — a common payment processing language — for cross-border payments is no mean feat. Legacy tech, the shift to...
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)...
Nvidia is rolling out a new series of artificial intelligence (AI) products at its annual developer conference in San Jose, California, as it strives to...
A delay, but no setback. Richard Dzina, senior vice president of product development for CHIPS at The Clearing House, told PYMNTS the recent rescheduling by...
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...
Facebook wants to create its own chips to deliver the type of computing speeds necessary to take the next leap forward in artificial intelligence, according...
Facebook is gearing up to make its own artificial intelligence chips, with the company looking to hire chip designers. According to a report in Financial...