On March 26, the US Court of Appeals for the Fourth Circuit issued a decision that has important ramifications for banks and credit unions ...

The Clearing House’s Interbank Payments System, or CHIPS network, for wire transfers, set a new record for daily payment volume in 2024, clearing and settling 1,083,550 payments totaling $2.63 ...

Spire, the ultimate payment solution for everyday spend, has launched its new Pay with Spire platform that leverages Discover® Network to deliver the first-ever merchant-branded Automated Clearing ...

Both the Automated Clearing House, or ACH, and the Federal Reserve's FedNow service offer near-instant payments in the United States. However, nearly one-third of U.S. banks still don't offer near ...