PYMNTS

JANUARY 8, 2021

A lot of what the pandemic did was force our industry to truly be digital, to facilitate frictionless transactions,” TCH Senior Vice President Elena Whisler said in a recent conversation with PYMNTS. “It To facilitate this transition in handling 24/7 cash flow, Whisler said TCH offers services such as intraday reconciliation.

RTP 139

RTP TCH Funding Agent Continuing Education 139

PYMNTS

MARCH 18, 2019

First, there was the Fed’s decision to slow faster payments progress via Same Day ACH because it wasn’t ready to approve another processing window during the day. TCH is the association of the 25 largest banks in the U.S., and one of two operators of the ACH network in the U.S., A Couple of Important Dots.

Faster Payments 80

Faster Payments Fed RTP Same Day ACH 80

PYMNTS

MARCH 9, 2020

Banking association and payments company The Clearing House (TCH) has been confronting such concerns as it advances its real-time payment ( RTP ) offering in the U.S., according to Steve Ledford, TCH’s senior vice president of Product Strategy and Development. That [arrangement] was never going to fly in the U.S.”.

RTP 81

RTP TCH ISO 20022 Real Time Payments 81

PYMNTS

AUGUST 12, 2019

“Ever notice your paycheck takes days to clear ?” Senator Elizabeth Warren asks in a campaign ad, ignoring the fact that 93 percent of working Americans have their checks directly deposited into their bank accounts – ready for use on payday – using the ACH network. TCH cleared its first RTP transaction on November 14, 2017.

Real Time Payments 78

Real Time Payments FedNow TCH Fed 78

PYMNTS

MAY 10, 2019

13, 2018, NACHA , the rules and standards body for the ACH network, announced that its voting members had approved amendments to the NACHA Operating Rules & Guidelines to establish a third Same Day ACH processing and settlement window,” the Federal Reserve wrote in the announcement. . “On Sept.

FedWire 51

FedWire Same Day ACH Federal Reserve Nacha Operating Rules 51

PYMNTS

JUNE 25, 2019

As detailed in the release heralding the acquisition, Visa said the combination of its extant tokenization offerings with the local and account tokenization enabled by Rambus will help secure payments of all types done across the globe. The token services already reach 100 markets, which account for 90 percent of Visa’s total payments volume.

Transactions 79

Transactions Real Time Payments Same Day ACH Payments 79

PYMNTS

FEBRUARY 4, 2019

bank account would be able to securely receive real-time payments by 2020. . Consumers may find it easy to pull out cards, but this system doesn’t work as well for retailers, who must wait one to three days for those payments to process. . Another solution is designed to accelerate payments beyond even same-day offerings.

Faster Payments 73

Faster Payments Federal Reserve Real Time Payments TCH 73