Tagged: The Clearing House

January 25, 2024 @ 12:27 pm By Omar Faridi  |  

Mastercard (NYSE: MA) 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.” The… Read More

October 22, 2023 @ 1:28 pm By Omar Faridi  |  

The 2023 AFP Real-time Payments Survey, conducted by the Association for Financial Professionals (AFP), found that corporates plan “to drastically increase their use of real-time payments in the next five years to benefit from lower transaction costs, improved transparency into the payment process, increased efficiency,… Read More

September 8, 2023 @ 4:41 pm By Omar Faridi  |  

The RTP Network, the instant payments system operated by The Clearing House that is available to all insured depository financial institutions in the United States, surpassed the one million daily payment milestone “on September 1 as more financial institutions and their customers realize the benefits… Read More

August 5, 2023 @ 2:02 pm By Omar Faridi  |  

Using the Request for Payment (RfP) capability on the RTP network, the instant payments system operated by The Clearing House, broker dealers, billers and suppliers “can now request a payment from their customers through secure bank channels, and receive an instant payment in response from… Read More

July 19, 2023 @ 9:29 pm By Omar Faridi  |  

Iliad Solutions has announced the launch of a new test solution which will reduce costs and make it simpler to develop and deploy systems to operate with the RTP network, the real-time payments system from The Clearing House. The solution is pre-configured “to virtualize all… Read More

January 10, 2023 @ 10:07 pm By Omar Faridi  |  

NorthOne is pleased to announce they’re breaking new ground in the Fintech space “by joining The Clearing House’s Real-Time Payments network in partnership with The Bancorp Bank, N.A.” With The Clearing House’s innovative Real-Time Payment network, NorthOne will help businesses “receive payments instantly 24 hours… Read More

January 5, 2023 @ 6:30 pm By Omar Faridi  |  

The Clearing House (TCH) announced that President & CEO Jim Aramanda will be retiring in early-2023, “after 15 years leading the company.” Aramanda will be “succeeded by David Watson, who most recently served as Chief Product Officer of Swift.” In this role, Watson maintained responsibility… Read More

October 13, 2022 @ 8:47 pm By Omar Faridi  |  

Open Invention Network (OIN), the organization formed to safeguard open source software (OSS) and now the “largest” patent non-aggression community in history, announced recently that The Clearing House (TCH) has joined “as a community member.” As the nation’s “most experienced” payments company, operating U.S.-based payments… Read More

May 3, 2022 @ 11:37 pm By Omar Faridi  |  

Thousands of financial institutions will be able to “simplify” and “accelerate” the enablement of real-time payments for consumers and businesses as the result of a collaboration between The Clearing House and Fiserv, Inc. (NASDAQ: FISV), an international provider of financial services technology solutions. Fiserv financial… Read More

May 3, 2022 @ 9:49 pm By Omar Faridi  |  

Akoya is the “first” third-party service provider to provide access to the Secure Token Exchange (STE), “a new optional capability from The Clearing House (TCH) that issues tokens for financial institutions’ account numbers, for the RTP network and EPN, the real-time payments and Automated Clearing… Read More

April 29, 2022 @ 8:18 am By Omar Faridi  |  

EBA CLEARING, SWIFT and The Clearing House (TCH) announced that they intend to introduce a pilot service for “immediate” cross-border (IXB) payments “with the support of banks from both sides of the Atlantic.” The pilot service “is scheduled to begin by the end of this… Read More

September 1, 2021 @ 9:07 pm By Tony Zerucha  |  

Volante Technologies, a provider cloud payments and financial messaging, has revealed findings from its payments modernization survey aimed at mid-tier banks and credit unions in the U.S. with assets between $2.5 billion and $25 billion. The results show real-time payments connections are expected to triple… Read More