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

PYMNTS

APRIL 26, 2016

The Clearing House (TCH), the payments firm owned by commercial banks, said that, at the end of last week, it offered up a proposal alongside FIS to the Federal Reserve’s Faster Payments Task Force requesting evaluation of its real-time payments (RTP) system. TCH and FIS have been working together since October of last year.

TCH

PYMNTS

JANUARY 26, 2021

The Clearing House (TCH) has launched a new offering to make it simpler for data aggregators and financial apps to equip financial institutions (FI) with assessment information to perform its own risk evaluation, according to a Tuesday (Jan. 26) announcement emailed to PYMNTS. Bank, Truist, TD Bank, PNC Bank, J.P.

Risk Assessment

PYMNTS

JANUARY 20, 2021

The initiative’s credentials are now widely established, offering creditors the perfect pandemic tool to assess the most accurate picture of an individual’s finances.”. Dan Weaver, open banking expert at Equifax U.K., In terms of scale, openbanking.org reports that 300 FinTechs and providers have joined the ecosystem, and more than 2.5

Consumer Financial Protection Bureau (CFPB)

PYMNTS

JULY 24, 2019

Last month, payment company PayFi and The Clearing House (TCH) partnered to bring real-time payment technologies to community banks. It’s very hard for the person receiving the message to put the pieces together and make a coherent, end-to-end continuum assessment of what’s best for their entire B2B interaction universe.”.

Real Time Payments

PYMNTS

SEPTEMBER 26, 2019

That consideration includes assessing the potential benefits and risks that come with the two fundamental types of bank payments: push and pull transactions. Instant payment systems, such as TCH’s RTP and the U.K.’s s Faster Payments Service (FPS), only enable push payments.

Payer

PYMNTS

MAY 8, 2017

Icon Solutions , which provides FIs with technology and consulting to help get their real-time payments capabilities up and running, recently announced that it is working with The Clearing House (TCH), offering TCH its Instant Payments Framework. This is something that the cards world solved a long time ago,” Hay said.

Real Time Payments