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 40

TCH Real Time Payments RTP Fed 40

PYMNTS

MARCH 6, 2020

This is why it is important to make sure banks and financial institutions of all sizes can — and want to — access the same rails, said Steve Ledford, senior vice president of product strategy and development for banking association and payments company The Clearing House (TCH). About the Tracker.

Real Time Payments 121

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

Finextra

JUNE 9, 2025

Similarly, a record 98 million transactions were made through The Clearing House (TCH-RTP) network in Q4 2024 [3]. TCH went live with this change in February, enabling real-time payments up to the value of $10 million. FedNow is also reporting significant growth, with more than 1.3 million transactions settled in the same period [2].

ISO 20022 52

ISO 20022 ISOs FedNow TCH 52

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. Such as how the Fed plans get a critical mass of participants on board, which The Clearing House (TCH) is struggling to do now. financial system. Slowing Innovation.

Real Time Payments 78

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.

Real Time Payments 109

Real Time Payments RTP RFP TCH 109

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.”.

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RTP TCH ISO 20022 Real Time Payments 81

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. According to Finextra , IPF is an agile software product that will expedite U.S. banks’ access to real-time payments.

Real Time Payments 40

Real Time Payments TCH RTP Product 40

PYMNTS

NOVEMBER 9, 2020

There’s an important wrinkle here for the banks, which allows them to wrap the FinTech’s services and products into their own interactions with consumers and thus — through convenience, of course — create stickier relationships with clients. The Banks And The FinTechs. Smaller FIs have been left at a competitive disadvantage.

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Consumer Financial Protection Bureau (CFPB) Accreditation TCH CFPB 114

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. We are expanding the network.

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Faster Payments Federal Reserve FedNow RTP 74

PYMNTS

DECEMBER 29, 2020

Delivering rapid payroll could help employers stand out from the pack when recruiting temporary workers, said Steve Ledford , senior vice president of products and strategy at United States payments company and banking association The Clearing House (TCH), during a PYMNTS interview.

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Faster Payments Payment APIs and Integration Real Time Payments Instant Payments 124

PYMNTS

FEBRUARY 4, 2019

TCH, which is co-owned by 25 banks, launched Real-Time Payments (RTP) in November 2017. The Clearing House (TCH), for instance, has voiced its opposition. In a comment letter, TCH also claimed the Fed’s system would likely not be interoperable with RTP nor be implementable by 2020. The Federal Approach.

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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

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.”. in more than 40 years.”

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Real Time Payments Credit Union RTP TCH 61

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.”. RTP Doing Its Part for a Quicker Recovery.

Real Time Payments 109

Real Time Payments RTP Same Day ACH Payer 109

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. The company has enhanced its Banking-as-a-service (BaaS) products by allowing third parties to have access to payment rails. “The

Real Time Payments 69

Real Time Payments RTP Payment APIs and Integration C2B 69

The Fintech Times

JANUARY 19, 2024

More than a quarter of those planning to connect to the Clearing House RTP (TCH RTP) Network expect to do so within the following year. ” Volante customers appear to share this sentiment, with several banks already using the Volante PaaS platform for TCH RTP or FedNow Instant Payments Service or are about to certify on these networks.

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Faster Payments Payment Networks FedNow TCH 64

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.

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Risk Assessment Real Time Payments TCH Assessments 71

Fintech Finance

JANUARY 5, 2024

The Clearing House (TCH) , the leading innovator and operator of U.S. I look forward to working to enhance TCH’s market presence, promote its industry-leading payments products, and leverage the company’s stellar reputation for providing safe and reliable payments networks to the banking industry.” financial community.”

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TCH Payment Networks Cash Management Finance 52

PYMNTS

JANUARY 25, 2019

“We might be at a tipping point in the market, [in which] the market just demands faster payments,” said Matt Richardson, head of product solutions at Citizens Bank. . Citizens plans to provide greater payments speed to its clients this year by using the RTP rail developed by The Clearing House (TCH). Federal Reserve Proposals.

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Real Time Payments Federal Reserve RTP TCH 67

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.

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Payroll Real Time Payments P2P Zelle 104

PYMNTS

JANUARY 24, 2019

Since The Clearing House (TCH) launched Real-Time Payments (RTP) in 2017, the system has yet to reach ubiquity in the U.S. It’s expected that more than 56 real-time payment rails will be live by 2020, and the U.S. is hoping to attain real-time payments ubiquity by that point. The demand for faster payments is strong in the U.S.,

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Federal Reserve Real Time Payments Faster Payments RTP 67

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

PYMNTS

SEPTEMBER 24, 2020

FIS, TCH Partner To Connect Small Banks, CUs To RTP. FIS has partnered with The Clearing House (TCH), the operator of the nation’s payments system infrastructure, to provide instant settlements to small and mid-sized banks and credit unions (CUs) and their customers.

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TCH Credit Union Settlement eWallet 54

PYMNTS

SEPTEMBER 15, 2020

“Through these technology providers, the RTP network is ready and available today for banks and credit unions of all sizes looking to provide real-time payment capabilities to customers,” said Russ Waterhouse , executive vice president of product development and strategy at The Clearing House.

RTP 105

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

PYMNTS

JANUARY 26, 2021

TCH’s Waterhouse: Real-Time Payments’ 2021 Focus Is On Smarter, Safer. One of the goals of The Clearing House (TCH) in the new year is to make real-time payments safer and smarter, Russ Waterhouse, executive vice president of product development and strategy, told Karen Webster.

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FedNow Federal Reserve Visa TCH 61

PYMNTS

JUNE 4, 2019

Payment company PayFi and The Clearing House (TCH) have partnered to bring real-time payments technologies to the community banks on PayFi’s Branch99TM Real-Time Platform, according to a release. “We We are in the middle of an unprecedented disruption in the banking and payments industries,” PayFi Head of Growth Peter Gordon said.

Real Time Payments 48

Real Time Payments ISO 20022 RTP Interbank Settlement 48

PYMNTS

APRIL 20, 2018

A collaboration with The Clearing House (TCH) enables SwapsTech to leverage TCH’ss real-time payments network RTP, which launched last year, and helps financial institutions (FIs) connect into the faster payments scheme and continue operating legacy payment tools while implementation occurs. “The

Real Time Payments 40

Real Time Payments TCH RTP FedWire 40

PYMNTS

DECEMBER 11, 2017

FIS will bridge Fifth Third into The Clearing House’s (TCH) Real-Time Payments (RTP) system to enable real-time transacting for customers. We are excited to be working with TCH and our banking clients to realize benefits of this breakthrough new system.”. “As Christopher Ward, in a statement earlier this month.

Real Time Payments 40

Real Time Payments RTP TCH Payment APIs and Integration 40

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

AUGUST 6, 2019

It’s operating,” said Steve Ledford, senior vice president for product and strategy at The Clearing House. “If However, in the immediate aftermath of the announcement, TCH was a bit more neutral in its tone. If the Federal Reserve decides to launch its own network, it’s just delaying the access to faster payments to everybody.”.

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FedNow Fed Federal Reserve Instant Payments 85

PYMNTS

NOVEMBER 15, 2019

TCH Gives Banks An Open Banking Template. That’s been a tough line for most FIs to walk, Dave Fortney, executive vice president of product management and strategy at The Clearing House (TCH), told Karen Webster in a recent interview.

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TCH Online and Mobile Banking Faster Payments Payments 46

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 payments system. D+H is already prominent on the global stage and processes millions of transactions in Europe and Asia daily. Now the U.S.

Real Time Payments 40

Real Time Payments TCH Ubiquitous Payments 40

PYMNTS

NOVEMBER 30, 2020

The recent pact between Zelle and The Clearing House (TCH) on real-time payments shows that “such moves will become more common as failing to support faster payments becomes more of a non-starter for consumers and businesses alike,” the Real-Time Payments Report states.

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Real Time Payments RTP Payroll P2P 68

PYMNTS

JANUARY 20, 2021

In broad strokes, open banking lays out a path and process for banks and other financial institutions (FIs) to share their customers’ data with third parties (even competitors), where that data tie into apps and new products and services. consumers and businesses use open-banking enabled products to manage their finances and make payments.

Consumer Financial Protection Bureau (CFPB) 75

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

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

DECEMBER 20, 2017

Faster payments recently made their American debut, with The Clearing House (TCH) instituting the inaugural transaction on the first new payments and clearing system in the U.S. in more than four decades. When it comes to protecting payments, it seems faster may not mean riskier, after all. .

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AI Real Time Payments Faster Payments Payments 83

PYMNTS

JUNE 25, 2019

In an interview with Karen Webster, TS Anil, Visa ’s senior vice president and global head of payment products & platforms , said that while “we’ve been focused on tokenizing Visa card transactions, the need for tokenization, the need to secure digital payments, exists across multiple form factors of payments.”.

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Transactions Real Time Payments Same Day ACH Payments 79