PYMNTS

MARCH 28, 2019

The Clearing House (TCH), which operates the RTP Business Committee, has added four seats to the committee to incorporate community bank and credit union representation, and also released a set of business principles to outline the RTP’s work. The RTP network was built for financial institutions of all sizes throughout the U.S.

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TCH RTP Credit Union Payment Message 49

Tearsheet

FEBRUARY 16, 2024

Mastercard recently expanded collaboration with The Clearing House (TCH), with the shared goal of propelling the adoption of instant payments. Mastercard’s collaboration with TCH dates back to 2017 when TCH introduced the RTP network, with Mastercard as the exclusive software provider for the network.

Instant Payments 119

Instant Payments RTP TCH Visa 119

PYMNTS

JANUARY 24, 2020

In today’s top news, The Clearing House (TCH) is increasing the value limit for general transactions on the TCH-operated real-time payments (RTP) network, Verizon is working with financial firm Synchrony to put out its own consumer card and the United States is moving to get tough on the sale of counterfeit merchandise through eCommerce.

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TCH RTP Online and Mobile Banking Real Time Payments 52

PYMNTS

AUGUST 10, 2020

Waterhouse said that in terms of TCH’s own initiatives in getting banks on board the ongoing effort to make RTP ubiquitous across the entirety of the U.S. is actually a two-step process: connecting the core banking systems of these FIs to the TCH network, and then getting the banks to make it a part of their service offering.

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Real Time Payments RTP TCH Federal Reserve 138

PYMNTS

MARCH 6, 2020

Tools that can fill specific business needs and features beyond more than just real-time speeds are beginning to grow more important, propelling development and innovation in this area. To learn more about how TCH designed its Real Time Payments network to encourage uptake, visit the Tracker’s Feature Story. About the Tracker.

Real Time Payments 121

Real Time Payments TCH Faster Payments Point-of-Sale (POS) 121

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.

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TCH Real Time Payments RTP Fed 40

PYMNTS

AUGUST 12, 2019

Over the last several years, an army of innovators with billions in venture funding have built instant pay products on top of card network debit rails. Innovations using card network debit rails, AI and machine learning are even democratizing pay advances for workers with a steady income and employment history. Slowing Innovation.

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Real Time Payments FedNow TCH Fed 78

PYMNTS

JANUARY 26, 2021

According to Russ Waterhouse , executive vice president of Product Development and Strategy at The Clearing House (TCH), the surge in digitization brought on by the COVID-19 crisis has accelerated the evolution of a range of RTP (Real-Time Payments) network advancements, including instant payroll, merchant settlements and tokenization.

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Real Time Payments RTP RFP TCH 109

Finextra

JANUARY 4, 2024

The Clearing House (TCH), the leading innovator and operator of U.S. payments networks, announced today that Amanda Stewart is joining the company as Senior Vice President and Chief Marketing Officer.

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TCH Payment Networks Innovation Payments 59

PYMNTS

NOVEMBER 21, 2019

initiatives of innovating in faster payments capabilities and promoting adoption of real-time payments. ACI Worldwide is connected to Zelle and The Clearing House (TCH), the latter of which offers Same-Day ACH services. The company is joining the FPC to support U.S. In the U.S.,

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Faster Payments FPC Federal Reserve FedNow 99

PYMNTS

NOVEMBER 9, 2020

there are indications that the opening of data flows between financial services companies has led to strong innovation (and demand for that innovation), and more regulation may loom. is arguably ground zero for open banking and, if investment flows are an indicator of where the FinTech-driven innovation will be, then the U.K.

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Consumer Financial Protection Bureau (CFPB) Accreditation TCH CFPB 114

PYMNTS

FEBRUARY 4, 2019

TCH, which is co-owned by 25 banks, launched Real-Time Payments (RTP) in November 2017. Tech companies such as Amazon, Apple, PayPal, Google, Intuit, Square and Stripe submitted joint comments via a trade group called Financial Innovation Now that supported the move. The Clearing House (TCH), for instance, has voiced its opposition.

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Faster Payments Federal Reserve Real Time Payments TCH 73

PYMNTS

MARCH 18, 2019

Also keen on the Fed’s involvement were the community banks and credit unions that worry (as they should) about having TCH as the only operator of an RTP network in the U.S. TCH is the association of the 25 largest banks in the U.S., On its website, TCH also says RTP is the system that “all federally insured U.S.

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Faster Payments Fed RTP Same Day ACH 80

PYMNTS

MARCH 11, 2020

In the March 2020 PYMNTS Faster Payments Tracker , the antagonists in this particular drama are the Federal Reserve Board (the Fed) and The Clearing House (TCH), whose ACH wire transfer tech was the industry standard until FinTech interlopers began repurposing payments rails with tons of venture capital. 5 [2019] announcement of FedNow.

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Faster Payments Federal Reserve FedNow RTP 74

Finextra

JANUARY 25, 2024

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.

Real Time Payments 49

Real Time Payments TCH RTP Visa 49

PYMNTS

NOVEMBER 3, 2020

The appetite for new payments approaches is only growing, with The Clearing House (TCH) reporting that 400 more FIs have already gained technical access to the RTP network.”. And the market is responding with creativity, innovation … and velocity. RTP Doing Its Part for a Quicker Recovery.

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Real Time Payments RTP Same Day ACH Payer 109

PYMNTS

DECEMBER 17, 2020

The financial institution (FI) said that RTP, developed by The Clearing House (TCH), will deliver to its customers “the most modern payments infrastructure in the world, enabling consumers and businesses to receive payments immediately while also providing for advanced messaging capabilities.”.

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Real Time Payments Credit Union RTP TCH 61

Finextra

JANUARY 24, 2024

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.

Real Time Payments 45

Real Time Payments TCH Visa RTP 45

PYMNTS

SEPTEMBER 15, 2020

With payment innovators looking to migrate B2B payments away from paper, a growing number of payment rails and technologies are helping to ease the pain of the shift. Postal Service have added yet another hurdle to the payment method, which can affect everything from accounts payable (AP) to payroll to insurance disbursements.

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RTP Blockchain Distributed Ledger Technology (DLT) Cross-Border 105

PYMNTS

SEPTEMBER 19, 2019

Cross River, a company that provides banking services for technology companies, will join The Clearing House’s (TCH) RTP network, according to a release. By joining the network, Cross River will be able to give its clients the ability to send, settle and clear payments instantly, along with messaging capabilities, while ensuring compliance.

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Real Time Payments RTP Payment APIs and Integration C2B 69

PYMNTS

NOVEMBER 25, 2020

It also noted that more than 150 financial institutions (FIs) in the United States are working to offer such solutions thanks to partnerships with TCH that enable them to use the latter’s RTP® Network. Bank, representing Elavon , explained in a recent PYMNTS interview.

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Payroll Real Time Payments P2P Zelle 104

PYMNTS

JANUARY 31, 2019

The partnership will integrate the R3 platform into the SWIFT global payments innovation (gpi) offering. Forbes wrote that each of those experts favored the Fed “providing a competitive real-time network to regulation of a single real-time payments provider like [The Clearing House (TCH)].”.

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SWIFT Blockchain Federal Reserve Cross-Border Payments 77

PYMNTS

NOVEMBER 27, 2020

One study by TCH observed that 56 percent of checking account holders in the U.S. Eighty-four percent indicated that they would utilize real-time payment services to power other technological innovations. now have access to such payments via the RTP® network, for example. percent during Q3 2020.

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Real Time Payments P2P B2B Zelle 106

Fintech Finance

JANUARY 5, 2024

The Clearing House (TCH) , the leading innovator and operator of U.S. payments networks, announced today that Amanda Stewart is joining the company as Senior Vice President and Chief Marketing Officer.

TCH 52

TCH Payment Networks Cash Management Finance 52

PYMNTS

AUGUST 6, 2019

Moreover, she noted, by providing a modern instant payments infrastructure, The Fed can offer a scaffolding for future innovation — which means the question isn’t just about what are the things we know we can make possible today. “It However, in the immediate aftermath of the announcement, TCH was a bit more neutral in its tone.

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FedNow Fed Federal Reserve Real Time Payments 85

PYMNTS

MAY 5, 2016

When The Clearing House (TCH), the payments firm owned by commercial banks, along with global software and services provider FIS, recently submitted their proposal to the Fed’s Faster Payments Task Force in order to evaluate their real-time payments system proposal, it signified a milestone along the path toward real-time payments.

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Faster Payments TCH Real Time Payments ACH 41

Fintech Finance

MARCH 11, 2024

The agile, resilient, cloud-based payments solution will help Jefferson Bank to efficiently deliver both RTP TCH and FedNow services 24/7, and accommodate the rapidly growing volume of instant payment transactions.

Instant Payments 52

Instant Payments Payments Strategy FedNow TCH 52

Fintech Finance

JANUARY 24, 2024

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. demand deposit accounts.

Real Time Payments 52

Real Time Payments RTP Visa Instant Payments 52

PYMNTS

DECEMBER 4, 2020

But for payments, the new year will dawn with a combination of disruption and innovation. Embracing innovation can be a boon for industries that were seeing growth even before the pandemic. Looking ahead, Blair said that on the other side of the pandemic, “there will be a lot of innovation that comes out of COVID-19.

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Embedded Payments Push-to-Card Payments B2B 74

PYMNTS

APRIL 10, 2020

Institutions such as The Clearing House (TCH) and the Federal Reserve have also created payment networks that have made faster, digital payments a reality for business-to-business (B2B) and business-to-consumer (B2C) payment processes alike. This is no longer the case thanks to the widespread availability and adoption of digital wallets.

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Technology Legal Checks B2C 79

PYMNTS

JANUARY 20, 2021

This type of consumer-authorized data access and use holds the promise of improved and innovative consumer financial products and services, enhanced control for consumers over their financial lives, and increased competition in the provision of financial services to consumers,” said the CFPB.

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Consumer Financial Protection Bureau (CFPB) CFPB Online and Mobile Banking API 75

PYMNTS

JUNE 18, 2019

The Clearing House [TCH] launched its own RTP network at the end of 2017.). payments ecosystem, she said, “has been ripe for something innovative to come along — and RTP has been the most innovative advancement to happen in this space in decades.”. She added, “The regulatory environment is different in the U.S.

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RTP P2P B2B RFP 78

PYMNTS

DECEMBER 3, 2019

The Corporate America Credit Union (CACU), which serves almost 500 credit unions (CUs) around the world, has become a funding agent for the RTP network, The Clearing House ’s (TCH) real-time payments network, according to a release.

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Funding Agent Credit Union RTP Real Time Payments 52

PYMNTS

APRIL 21, 2017

Icon Solutions announced the enhancement of its Instant Payments Framework (IPF) product to support connectivity to The Clearing House (TCH), which will accelerate U.S. Connectivity with TCH will revolutionize the way that financial institutions think about the value proposition for real-time payments.

Real Time Payments 40

Real Time Payments TCH RTP Product 40

PYMNTS

OCTOBER 12, 2020

He said there are going to be some institutions that will want to connect with both instant payment services — FedNow and The Clearing House (TCH)’s real-time payments ( RTP ) network — in a desire to ensure resiliency and redundancy to support outages in one system to the other, if they were to occur.

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Instant Payments FedNow Fed Interoperability 97

PYMNTS

SEPTEMBER 5, 2019

As workers themselves get more attached to receiving instant payments, card networks and institutions like The Clearing House (TCH) and the Federal Reserve are all searching for ways to further innovate payments and disbursements. Nearly 40 percent of U.S. Around the Disbursements World.

AI 62

AI Instant Payments Federal Reserve Economy 62

PYMNTS

MARCH 18, 2016

Going forward, partner financial institutions will be able to leverage D+H’s core, payments and channel applications as an access point for TCH’s real-time U.S ” “The Clearing House’s real-time payment system is a tremendous innovation, bringing to the U.S. payments system. Now the U.S.

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Real Time Payments TCH Ubiquitous Payments 40