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Mastercard and The Clearing House deepen their partnership to zero in on new instant payments applications 

Tearsheet

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.

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Mastercard, TCH to enhance RTP network

Payments Dive

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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Transactions: Mastercard, The Clearing House extend RTP collaboration

Bank Automation

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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Mastercard Certifies TCH As Token Services Provider

PYMNTS

The Clearing House and Mastercard announced news on Thursday (Oct. 19) that they are partnering to enable The Clearing House (TCH) to provision and manage Mastercard-branded tokens on behalf of banks. We are excited to partner with Mastercard to provide issuer optionality and functionality for token services.”.

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Vocalink, TCH aid Mastercard's push for bank-supported 'instant' bill pay

Payments Source

Called Bill Pay Exchange, it will power instant bill pay for consumers from their bank or credit union accounts in a matter of seconds versus days when using the traditional bank bill pay ACH network.

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Mastercard and The Clearing House extend partnership on real-time payments

Finextra

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.

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Today In Payments: Flywire Could IPO In Late 2021 With A $3 Billion Valuation; Mastercard Debuts NextGen Contactless Technology

PYMNTS

In today’s top news, Flywire could file for an IPO later this year that could value that company at $3 billion, and Mastercard debuted new quantum-resistant technology for contactless payments. Mastercard Debuts NextGen Contactless Technology. TCH’s Waterhouse: Real-Time Payments’ 2021 Focus Is On Smarter, Safer.

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