"As a founding member of Financial Data Exchange, we look forward to working with cross-industry participants on developing and adopting this critical standard," said Peter Davey, head of innovation at The Clearing House. "This work is a top priority in The Clearing House’s initiatives to improve financial data sharing practices with the goal of giving more security, control and transparency to the customer." Learn more.
Highlights & Events
The Clearing House (TCH) recently submitted a comment letter to the Federal Reserve in response to its proposed adoption of ISO 20022, an international messaging standard, for the Fedwire funds service.
The plan to create a ubiquitous faster payments capability in the United States in order to promote efficient commerce and facilitate innovation.
In an Op-ed published in the American Banker, TCH’s Rob Hunter writes that Capital One’s recent decision to share customer data with third-party services through application programming interfaces (APIs) deserves applause.