Same Day ACH TCH Use Case 
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.
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.”.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
PYMNTS
AUGUST 12, 2019
That’s the talk track now from the Fed , which a week ago today announced its plans to build and operate a new set of real-time rails, using accelerated access to employer paychecks as its launch use case. Ironically, perhaps, the ACH network’s first direct deposit use case was the U.S.
Finextra
JUNE 9, 2025
million transactions settled in the same period [2]. Similarly, a record 98 million transactions were made through The Clearing House (TCH-RTP) network in Q4 2024 [3]. Nacha’s Smarter Faster Payments conference highlighted the progress that is now being made to expand use-cases and benefits.
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.
PYMNTS
APRIL 26, 2019
As noted in the Faster Payments Tracker, and to offer up just a few examples: the Federal Reserve is mulling the creation of its real-time payments system; The Clearing House (TCH) has its own real-time system, seeking critical mass among banks and in Australia, the New Payments Platform is logging new use cases.
PYMNTS
JANUARY 21, 2019
when the vast majority of banks have resisted throwing their support behind TCH, which has been trying for the last several years to get its real-time payments alternative off the ground. Oddly, the push for faster payments also comes at the same time when payments in the U.S. It also comes at a time in the U.S.
Expert insights. Personalized for you.
139 
Let's personalize your content