What does CHIPS stand for?

Clearing House Interbank Payments System

This definition appears very rarely and is found in the following Acronym Finder categories:

Business, finance, etc.

Other Resources:

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Caring Heals If People Share (Frankfort, KY) Center for Health Industry Performance Studies (Columbus, Ohio) Challenging High Intellectual Potential Students (Colorado Gifted and Talented Program) Chemical Hazards Information Profiles (EPA) Chewing Hard Indigestible Potato Skins :-) Children's Hospital Image Processing Software (CCHMC) Chronic Illness Peer Support Classified Hydrographic Information Processing System Clearing House Inter-bank Payment System Clearing House Inter-Payments System		Code Generation for Heterogeneous Information Processing Systems Common Hardware Intelligence Processing Subsystem Consolidated Hardware/Integrated Processor Suite Correlation of Hot IPs Cosmic Hot Interstellar Plasma Spectrometer (NASA) Cosmic Hot Interstellar Plasma Satellite Cosmic Hot Interstellar Plasma Spectrometer (NASA) Center for HIV Identification Prevention and Treatment Services (Los Angeles, CA) Centre for Health Information Quality (UK) Concordia Historical Institute Quarterly (Lutheran journal)

Samples in periodicals archive:

2) In addition, institutions incurring large overdrafts on Fedwire frequently had large credit exposures on the Clearing House Interbank Payments System (CHIPS), a private, large-dollar payment system operated by the New York Clearing House.

The Evolution of the Federal Reserve's Intraday Credit Policies

EBA is similar to the Clearing House Interbank Payments System (Chips) and is likely to have a lower transaction cost per item than Target, although the pricing has not yet been agreed upon.

Banking on the euro

The bank is leveraging the ACI Money Transfer System([TM]) for SWIFT, The Clearing House Interbank Payments System (CHIPS) processing and as an interface to the U.

The Bank of New York Mellon Implements ACI Global Payments Hub

It manages and operates the Clearing House Interbank Payments System (CHIPS), the National Check Exchange, and the SVPCo businesses: the Electronic Payments Network (EPN) and Electronic Clearing Services (ECS).

The Clearing House and VECTORsgi Streamline Adjustments Processing ...

The Clearing House Interbank Payments System (CHIPS), which substitutes electronic transmissions for paper checks in international dollar payments, transfers over $1 trillion in payments daily.

Financial Institutions join forces to increase direct deposit

The operations of the New York Clearing House Interbank Payments System, also known as CHIPS, demonstrates the ability of netting to reduce systemic risk.

Statements to the Congress

Recently, The New York Clearing House Association (NYCH), which operates the Clearing House Interbank Payments System (CHIPS), the largest private sector payment system, developed new rules to reduce settlement risk in its $1.

FEATURE/USCIB study reveals majority of international banks trying to ...