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Payments RTP TCH 
Tom Groenfeldt
JULY 17, 2025
Advertise with Forbes Forbes Licensing & Syndication Report a Security Issue Editorial Values and Standards Site Feedback Contact Us Careers at Forbes Tips Corrections Privacy Do Not Sell My Personal Information Terms AdChoices Reprints & Permissions Real-Time Payments Are Soaring In The U.S. By Tom Groenfeldt , Contributor.
Bank Automation
DECEMBER 6, 2024
The Clearing House raised the transaction limit on its Real Time Payments network to $10 million, opening the door for new uses of the rail for commercial transactions.
Bank Automation
JANUARY 13, 2025
The Clearing Houses Real-Time Payments network is ready for cross-border payments from a technical perspective but is waiting for U.S. adoption of the network to grow to initiate the service.
Bank Automation
JANUARY 9, 2025
The Clearing House Real Time Payments network grew 94% year over year on a dollar basis in 2024 as it continued to benefit from the Federal Reserves marketing of FedNow. TCH moved $246 billion on its network in 2024 and increased transaction volume by 38% YoY to 343 million transactions, according to a Jan.
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Finextra
JUNE 9, 2025
has reached a real-time tipping point 0 09 June 2025 1 comment Anand Vaidya Principal Solutions Consultant Icon Solutions Location Wimbledon Followers 0 Opinions 3 Follow Unfollow The need for speed, convenience and certainty is driving demand for faster payment services in the U.S. Same day Automated Clearing House (ACH) payments rose 19.1%
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Tom Groenfeldt
APRIL 16, 2025
Subscribe To Newsletters The Clearing House Sees Growth In Its Real-Time Payments (RTP) By Tom Groenfeldt Follow Author Share Save Comment Innovation Enterprise Tech The Clearing House Sees Growth In Its Real-Time Payments (RTP) By Tom Groenfeldt , Contributor. All Rights Reserved. Even so, the U.S
Tom Groenfeldt
JUNE 19, 2019
The North Carolina Fintech Hub and The Clearing House invited banks and fintech firms to develop innovative solutions using the TCH real-time payments (RTP) network.
PYMNTS
AUGUST 10, 2020
You’d be forgiven for thinking that faster payments might be the purview of the U.S. Federal Reserve, where details (a roadmap, really) of FedNow , the proposed instant payment system, were released earlier this month. In other cases, stimulus payments were commingled with tax refunds, and were subject to garnishment.
PYMNTS
JANUARY 8, 2021
Whether it was helping small businesses get their PPP payments or convert to eCommerce, getting cash in the hands of workers delivering food, or accommodating digitized mortgage closing and escrow activity, the coronavirus has foisted a lot of change on the financial services industry in a short amount of time. “A Becoming A 24/7 RTP Shop.
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PYMNTS
SEPTEMBER 15, 2020
Postal Service have added yet another hurdle to the payment method, which can affect everything from accounts payable (AP) to payroll to insurance disbursements. 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.
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Payments Dive
JANUARY 29, 2024
The extended partnership between the two companies “focuses on co-development of new real-time payments capabilities,” a spokesperson for The Clearing House said.
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Tearsheet
FEBRUARY 16, 2024
Mastercard recently expanded collaboration with The Clearing House (TCH), with the shared goal of propelling the adoption of instant payments. This extended partnership will focus on integrating additional instant payment use cases across a range of payment flows for consumers, businesses, and governments.
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Payments Dive
MAY 7, 2024
When it comes to bridging the FedNow and RTP networks, officials at the Federal Reserve and The Clearing House have slightly different priorities.
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PYMNTS
NOVEMBER 25, 2020
The tipping point toward real-time payments’ ubiquity might be closer than many observers think, Mark Ranta , payments practice lead at FinTech Alacriti , told PYMNTS in a recent interview. Ranta said RTP is already past the “early adopter” stage and moving into the “fast follower” phase of its evolution. consumers).
Bank Automation
JANUARY 24, 2024
Mastercard extended its collaboration with The Clearing House today to allow customers and businesses to use real-time payments. Mastercard will be the exclusive instant payments software provider for The Clearing House’s (TCH) RTP network, according to a news release from Mastercard.
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PYMNTS
JUNE 18, 2019
The rise of Zelle , and any number of peer-to-peer (P2P) payment options, has increasingly brought consumers on board with the need for speed in payments — where settlement is marked by seconds and minutes, not hours or days. The Clearing House [TCH] launched its own RTP network at the end of 2017.).
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PYMNTS
MARCH 9, 2020
Even the most convenient, feature-filled payment rails will fall flat if nobody can be convinced to try them. Such systems can offer everything from swifter settlement times to easy payment status tracking, but such benefits require widespread adoption. There was not going to be one method to access the system.
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PYMNTS
JANUARY 26, 2021
Nearly a year of trial-by-fire, pandemic-era learning within the payments business has not only provided some great lessons but has also set the stage for some major advances in 2021 that have been in the cards for years. To further enhance the RfP, TCH is also piloting a secure document repository for bills and invoices.
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 created to help depository institutions with their needs.
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PYMNTS
OCTOBER 15, 2020
With the current state of economic upheaval, the ongoing pandemic and the great digital shift, corporates and financial institutions are racing to digitize and modernize payment flows and back-end processes. That’s strong growth for something that is a mature payment product,” said Larimer.
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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PYMNTS
NOVEMBER 3, 2020
The payments ecosystem now prizes quickness above all things in a time of cash flow shortages, where each paper check takes an eternity — assuming it arrives at all. 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.”.
PYMNTS
JANUARY 23, 2020
The Clearing House (TCH) is upping the value limit for transactions from the current level of $25,000 to $100,000 starting Feb. 1, TCH announced on Thursday (Jan. The new higher limit affects general transactions on the real-time payments (RTP) network, which is operated by TCH. More than half of U.S.
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PYMNTS
SEPTEMBER 24, 2020
Plus, FIS has partnered with The Clearing House (TCH) on real-time payments (RTP). Cloud Payment Processor Volante Teams With Goldman Sachs On Digital Transaction Banking. is working with Goldman Sachs Bank USA to offer the payments platform for the financial institution’s digital transaction service.
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PYMNTS
DECEMBER 30, 2020
Instant payment systems have been launching in countries around the world as financial institutions (FIs), governments and various payment organizations seek to introduce technologies that can sate businesses’ demands for more streamlined exchanges of money with plenty of payments data. Direct Connections .
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PYMNTS
JANUARY 12, 2021
Wells River Savings Bank will gain access to the RTP® network built by The Clearing House (TCH) via SHAZAM, Inc. 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
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PYMNTS
JANUARY 11, 2021
Legacy banks and financial institutions (FIs) keep scrambling to add new consumer-centric bank tech and digital experiences that layer sizzling consumerization onto sluggish B2B payments. Yet banks and FIs are making the move to RTP. The entirety of the platform we offer for RTP is all API-driven,” Honigberg told PYMNTS.
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PYMNTS
MARCH 18, 2019
Take two announcements from just last week, related to the evolution of faster payments in the U.S. 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. Okay, so maybe the Fed’s payments folks are just busy.
PYMNTS
AUGUST 12, 2019
It’s also not why the Fed decided to enter the real-time payments fray. Such as how the Fed plans get a critical mass of participants on board, which The Clearing House (TCH) is struggling to do now. Igniting a network at scale and right out of the box can be a real pain, as the litany of failed payments startups knows all too well.
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. By becoming a funding agent, CACU is now a partner that can make that process easier.”.
PYMNTS
DECEMBER 29, 2020
The benefits of instant payment services are gaining attention from companies that want to be able to transact with better visibility and cash flow information. This friction and limited usability could seriously impede companies’ payments experiences with the rails. Around the World Of Real-Time Payments.
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PYMNTS
NOVEMBER 27, 2020
Consumers and businesses alike have long been familiar with digital payments, but both now expect smoother payment experiences as the COVID-19 pandemic’s financial impacts continue. The hunt for faster payment experiences among all users is generating a spike in interest in real-time payments.
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.
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PYMNTS
MARCH 11, 2020
There’s a battle brewing in payments. It’s the Feds versus the Free Marketeers, and the feud between them is over whose real-time payments (RTP) rails will rule them all. Sensing that existing fast payments are not accessible enough, the Fed proposed the FedNow? Public vs. Private RTP. RTP and Ubiquity.
Bank Automation
APRIL 4, 2024
ACI Worldwide is exploring the use of its cloud platform to onboard bank clients to The Clearing House’s Real-Time Payments network.
PYMNTS
DECEMBER 17, 2020
ESL Federal Credit Union , through a team effort with other organizations, has gone live with real-time payments on the RTP network. ESL joined the RTP network by connecting through BNY Mellon , which helps companies convert to digital payments. This is a new payment system," he noted. in more than 40 years.”
PYMNTS
FEBRUARY 4, 2019
Real-time payment systems are quickly cropping up across the globe. This rapid expansion is fueling predictions that the global real-time payments market will rise from a value of $6.8 This rapid expansion is fueling predictions that the global real-time payments market will rise from a value of $6.8 billion in 2018 to $26.9
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. Aiming to simplify the FinTech ecosphere for its clients, Cross River has built a “plumbing” system on top of traditional payment systems.
PYMNTS
OCTOBER 29, 2019
The Clearing House (TCH) reported that 15 Jack Henry & Associates financial institutions (FIs) will use JHA PayCenter to connect to the RTP network, TCH said in a press release on Tuesday (Oct. TCH’s RTP network gives FIs of all sizes the ability to clear and settle real-time payments.
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PYMNTS
SEPTEMBER 23, 2020
FIS has partnered with The Clearing House (TCH), the operator of the nation’s payments system infrastructure to provide instant settlements to small to mid-sized banks and credit unions (CUs) and their customers. As our volume of real-time payments grows, we can easily scale to meet the growing demand.”. First Bank of St.
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PYMNTS
APRIL 29, 2019
Many countries around the world are rolling out instant payments schemes that bring speed and convenience to payments made within their own borders. Unfortunately, those benefits are often limited when it comes to cross-border payments. Privately-owned companies are also looking to solve the cross-border payments problem.
PYMNTS
OCTOBER 12, 2020
There is no dearth of faster payments initiatives — and no certainty that there will be one faster payments scheme to rule them all. Along the way, not surprisingly, we’ll transition more fully to digital payments across modernized (and streamlined) rails, flowing domestically and eventually across borders.
PYMNTS
JANUARY 25, 2019
payments landscape is shifting into higher gear, pressuring corporations to accelerate their processes. As they work to achieve this, more companies are ditching paper-based methods and embracing digital solutions that streamline payments and reconciliations. However, the current payments environment in the U.S. as an example.
PYMNTS
OCTOBER 20, 2017
19) that they are partnering to enable The Clearing House (TCH) to provision and manage Mastercard-branded tokens on behalf of banks. TCH said the agreement paves the way for it to offer fully compliant tokens that transact over the Mastercard network. The Clearing House and Mastercard announced news on Thursday (Oct.
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