TCH

Webtel.mobi publishes a detailed article on why the US Dollar is not under threat as Global Reserve Currency, nor a consideration for Global Financial Reform

Retrieved on: 
Thursday, March 28, 2024
CHIPS, Finance, Learning, Stasis, Financial services, Travel, ALL, Local, Routing, City, Parity, Senior management, TCH, Communication, Control, Fiat, Telecommunications, Policy, World War II, Person, RTAI, Station, Global Telecommunications System, Management, CIPS, Distribution, Old, Security, FX, Global financial system, Uber, Signal, Telephony, CLS Group, RTGS, IBAN, Comment, Financial system, Payment card, Wi-Fi, Paralysis, LCH, Local currency, Fedwire, CME, Global Operations, Centralisation, Century, Platform 1, Conversion, Cryptocurrency

It is rather the Global System over which all currencies are transacted that creates all global imbalances, weighted advantages or potential reform solutions.

Key Points: 
  • It is rather the Global System over which all currencies are transacted that creates all global imbalances, weighted advantages or potential reform solutions.
  • Through these decisions, so-called Reserve Currencies, Illiquid Currencies, Exchange Rates, Currency Flows, Currency Exchange and all other aspects of the Global Economic and Financial System are determined.
  • This situation is – and will be – impossible to alter without reform of the Global Financial System.
  • The Global Financial System functions like a railway network, with:
    A System of Railway Tracks on which all Carriages (i.e.

NetXD Launches Cloud-based Solution for the RTP® Network as a Third-Party Service Provider

Retrieved on: 
Thursday, March 21, 2024
Professional Services, Security, Technology, Software, Finance, Fintech, Banking, TCH, Business, ACH, Business development, Ecosystem, API, RTP, Connector, The Clearing House

NetXD has achieved a significant milestone with its launch as a Third Party Service Provider (TPSP) for The Clearing House’s (TCH) RTP® network.

Key Points: 
  • NetXD has achieved a significant milestone with its launch as a Third Party Service Provider (TPSP) for The Clearing House’s (TCH) RTP® network.
  • This marks the launch of one of the industry’s first fully cloud-based solutions for the RTP network, empowering financial institutions with unmatched agility, scalability, and security.
  • NetXD’s solution for the RTP network is set to remove reconciliation bottlenecks, provide real-time fraud checks, and unlock 24/7 payments for financial institutions.
  • “This cloud-based solution should help further accelerate the onboarding of new banks onto the RTP network, as we continue to grow our ecosystem."

New Found Receives Initial 3-D Seismic Interpretation, Initiates Deep Drilling at Queensway

Retrieved on: 
Monday, March 4, 2024
Natural Resources, Other Natural Resources, Mining, Minerals, AFZ, Acquisition, TCH, Multimedia, Gold, Data, NFG, National instrument, Trans-Canada Highway, Ontario Highway 115, John Keats, Tunnel

The seismic program covers a 47km2 core segment of the Queensway North project (see Figure 1) area and was conducted by HiSeis, an industry leader in hard rock seismic surveys.

Key Points: 
  • The seismic program covers a 47km2 core segment of the Queensway North project (see Figure 1) area and was conducted by HiSeis, an industry leader in hard rock seismic surveys.
  • New Found’s 100%-owned Queensway project comprises a 1,662km2 area, accessible via the Trans-Canada Highway, 15km west of Gander, Newfoundland and Labrador.
  • View the full release here: https://www.businesswire.com/news/home/20240304736571/en/
    Figure 1: Extents of the 3-D cube and 2-D seismic lines.
  • Based on the initial results of the seismic survey, the Company has initiated deep drilling aimed at collecting geological information that will be used to confirm the presence of structures identified in the seismic data and to further train and understand the dataset.

MNA: Hospital Accrediting Agency (Joint Commission) Issues Findings Supporting St. Vincent Hospital Nurses' Complaints about Unsafe Patient Care, Stating that SVH was Found to Be Non-Compliant with Applicable Patient Care Conditions for Medicaid and Medic

Retrieved on: 
Wednesday, March 6, 2024
Certification, CMS, RN, The central science, Death, Joint Commission, CMR, Health, Joint, MNA, Commonwealth, TJC, Cardiology, Federation, Saint Vincent Hospital, Judgement, SVH, Licensed practical nurse, Mass, Multimedia, TCH, Punishment, Complaint, Medicine, Safety, National Nurses United, Accreditation, Employment, Medicaid, Commission, Legislature, Public, Division, Licensure, Workplace, Public health, Local, Risk, St. Vincent Hospital, Medicare, COVID, Patient, Detroit Medical Center, Superior court, Nursing

WORCESTER, Mass., March 6, 2024 /PRNewswire/ -- Nurses at St. Vincent Hospital, who have filed a number of official complaints and gone public with their serious concerns about patient care conditions that are harming patients at the Worcester-based facility, have had their claims validated by The Joint Commission, which conducted an investigation into the nurses complaints and found the hospital to be "non-compliant with applicable Centers for Medicaid and Medicare Services (CMS) Conditions."

Key Points: 
  • Your report was used to assist our team to better understand the organization's systems of providing care.
  • During the onsite review, the organization was found to be non-compliant with applicable Centers for Medicaid and Medicare Services (CMS) Conditions.
  • The complaints detailed a serious and ongoing degradation of care, which were based on more than 600 official reports filed by nurses over the last six months.
  • Founded in 1903, the Massachusetts Nurses Association is the largest union of registered nurses in the Commonwealth of Massachusetts.

Mastercard and The Clearing House Extend Partnership on Real-Time Payments

Retrieved on: 
Wednesday, January 24, 2024
Professional Services, Payments, Technology, Software, Finance, Electronic Commerce, Banking, The Clearing House, House, Partnership, Clearing house, RTP, History, TCH, Mastercard, Safety, EVP, Financial services

Mastercard and The Clearing House (TCH) have announced an extended multi-year partnership, bringing the companies together to collaborate on innovative capabilities for consumers, businesses and governments to evolve and embrace the digital economy through real-time payments (RTP) adoption on the RTP® network.

Key Points: 
  • Mastercard and The Clearing House (TCH) have announced an extended multi-year partnership, bringing the companies together to collaborate on innovative capabilities for consumers, businesses and governments to evolve and embrace the digital economy through real-time payments (RTP) adoption on the RTP® network.
  • Instant payments became a reality in the U.S. in 2017 when The Clearing House launched the RTP network, the first new payment rail in 40 years designed and powered by Mastercard.
  • “Our long-term partnership with The Clearing House supports choice in payments through the enablement of modern and ubiquitous real-time rails for bank-owned payments.
  • We're pleased to extend and enhance our support of The Clearing House and its owner banks to deliver on our mutual goals to provide safety, reliability, and efficiency of real-time payments."

Matera's "Pix by the Numbers" Report Reveals Surge in 2023 as Businesses Shift Away from Credit Cards

Retrieved on: 
Tuesday, January 23, 2024
Software, Payments, Finance, Professional Services, Technology, Fintech, Digital Cash Management, Digital Assets, Mobile, Wireless, The Clearing House, Central bank, Core, Coinbase, Digital twin, PayPal, FIS, FedNow, ACH, Friends, Clearing house, RTP, Cash, TCH, QR, Number, Consumer-to-business, Venmo, Online shopping

The latest Pix by the Numbers report covers data through Q4 2023 and shows that the number of Pix transactions is 13% more than credit and debit combined.

Key Points: 
  • The latest Pix by the Numbers report covers data through Q4 2023 and shows that the number of Pix transactions is 13% more than credit and debit combined.
  • These include:
    Pix Continues to Accelerate Past Debit and Credit: Pix transactions for Q2 2023 totaled 9.4 billion vs. 4.4 billion credit card and 3.9 billion debit card transactions.
  • Credit and Debit Share of Transactions has been Declining Since Pix Launched: Pix accounted for 36% of all transactions in Q2 2023, up from 25% a year ago.
  • Fastest Growing Pix Use Case is Consumers Paying Businesses: 36% of Pix transactions in December 2023 were made by consumers paying merchants and billers instantly.

Volante Technologies survey: faster payments top priority for U.S. banks

Retrieved on: 
Thursday, January 18, 2024
The Clearing House, Platform as a service, FedNow, ACH, Clearing house, Federal Reserve, TCH, Ecosystem, Fraud, Volante, Commercial bank, Growth

NEW YORK, Jan. 18, 2024 /PRNewswire/ -- Volante Technologies, the global leader in payments as a service, today issued the results from its third annual mid-tier bank payments modernization report. The report shows high interest and enthusiasm for faster payment networks, with 78% of U.S. financial businesses saying it is a "must-have" for their organization.

Key Points: 
  • NEW YORK, Jan. 18, 2024 /PRNewswire/ -- Volante Technologies , the global leader in payments as a service, today issued the results from its third annual mid-tier bank payments modernization report .
  • Several banks already use the Volante PaaS platform for The Clearing House RTP® (TCH RTP) or FedNow® Instant Payments Service or are about to certify on these networks.
  • Erika Bauman, Director, Commercial Banking & Payments Practice, Datos Insights, said, "The interest in real-time payments and the impressive adoption rate of real-time payment usage across the networks underline a transformative shift in the payments ecosystem.
  • It offers invaluable insights into the evolving payments landscape among U.S. mid-tier banks and credit unions with assets between $1B to $50B.

Vascular Perfusion Solutions Receives Grant from Southwest-Midwest National Pediatric Device Innovation Consortium To Develop Portable Pediatric Heart Transplant Preservation Device

Retrieved on: 
Thursday, December 7, 2023
Surgery, Medical Devices, Cardiology, Philanthropy, Biotechnology, Health, Fund Raising, Other Philanthropy, Foundation, TCH, Infant, Engineering, Cardiomyopathy, Transplant, VPS, Perfusion, Patient, FDA, Baylor College of Medicine, Science, Ventricular septal defect, Standard of care, MBA, MD, Doctor of Philosophy, Heart transplantation, P50, BCM, Life, Pharmaceutical industry, Dentistry, Medical device

Vascular Perfusion Solutions (VPS), Inc. , is a San Antonio based medical device startup company focused on developing novel prolonged organ preservation technologies prior to transplantation, has received a $25,000 grant from the Southwest-Midwest National Pediatric Device Innovation Consortium (SWPDC) .

Key Points: 
  • Vascular Perfusion Solutions (VPS), Inc. , is a San Antonio based medical device startup company focused on developing novel prolonged organ preservation technologies prior to transplantation, has received a $25,000 grant from the Southwest-Midwest National Pediatric Device Innovation Consortium (SWPDC) .
  • VPS will use the grant to advance its current VP.S ENCORE® cardiac preservation technology into a portable pediatric device.
  • Pediatric heart failure presents unique challenges compared to its adult counterpart, stemming from diverse causes such as congenital heart defects and cardiomyopathy.
  • In 2021, 1,146 pediatric heart transplant candidates awaited transplantation, with over 40 percent enduring waits of a year or more.

Digital Services Help U.S. Banks Grow, Modernize, Compete

Retrieved on: 
Monday, November 13, 2023
Consulting, Data Management, Banking, Technology, Professional Services, Security, Other Technology, Software, Networks, Internet, Mobile, Wireless, TCH, Research, FIS, Wipro, Tech Mahindra, TCS, Bank, Infosys, ISG, The Clearing House, As a service, Integrated Services Digital Network, COVID-19, Accenture, LTIMindtree, AI, Clearing house, RTP, Research report, Cryptocurrency, Mobile phone, Cognizant, HCLTech

“Banks are finding that older technology keeps them from seizing new market opportunities,” said Owen Wheatley, ISG’s lead partner for banking and financial services.

Key Points: 
  • “Banks are finding that older technology keeps them from seizing new market opportunities,” said Owen Wheatley, ISG’s lead partner for banking and financial services.
  • “Digital banking services offer a path to modernization and growth.”
    COVID-19 lockdowns accelerated consumer demand for digital banking, and challenger banks, neobanks and large technology companies have entered the financial services market to satisfy that demand, the report says.
  • A growing number of banks are pursuing greenfield implementations of modern platforms exclusively for new product lines and geographies or even building parallel digital banks.
  • The 2023 ISG Provider Lens™ Digital Banking Services report for the U.S. is available to subscribers or for one-time purchase on this webpage .

Navy Federal Credit Union Partners With Alacriti

Retrieved on: 
Thursday, December 7, 2023
TCH, Navy Federal Credit Union, Navy, ACH, Alacrity, ISO, The Clearing House, Fedwire, Clearing house, RTP, Life insurance

BRIDGEWATER, N.J., Dec. 7, 2023 /PRNewswire-PRWeb/ -- Navy Federal Credit Union, the world's largest credit union, with $166 billion in assets and more than 13,000,000 members, has partnered with Alacriti, an innovator in cloud-based payments and money movement services, as the platform provider for Navy Federal to enable real-time payments over The Clearing House's (TCH) RTP® network.

Key Points: 
  • BRIDGEWATER, N.J., Dec. 7, 2023 /PRNewswire-PRWeb/ -- Navy Federal Credit Union , the world's largest credit union, with $166 billion in assets and more than 13,000,000 members, has partnered with Alacriti , an innovator in cloud-based payments and money movement services, as the platform provider for Navy Federal to enable real-time payments over The Clearing House's (TCH) RTP® network.
  • "By gaining access to TCH's RTP network through our payments hub, Navy Federal is able to offer a top-notch member experience and drive operational savings."
  • Navy Federal has deployed Alacriti's cloud-native, ISO 20022-based Orbipay Payments Hub , a payment-as-a-service solution that's cloud-based and integrates with many banking cores.
  • "We are thrilled that Navy Federal Credit Union has joined the RTP Network.