Main Content

The Clearing House

TCH Says Yes to Liquidity Service but Believes Fed RTGS Service is Not Needed and is Likely to Harm Faster Payments Marketplace

TCH’s comment letter to the Federal Reserve on its proposed real time gross settlement (RTGS) service explains why TCH’s RTP network is able to provide a ubiquitous, safe, efficient, and equitable faster payment system by 2020 and highlights the reasons why the RTGS could actually harm faster payments in the United States. Learn more.

The Clearing House

The Clearing House Supports Financial Data Exchange Work on API Technical Standards

"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.

The Clearing House

Real-time Payments Have Arrived in the U.S.

The Clearing House’s RTP network, designed for the digital age and for financial institutions of all sizes, has made real-time payments a reality in the U.S. A year ago this month, the first U.S. payment to settle and clear in real-time from end-to-end was made on the RTP network. Learn more.

Highlights & Events

The Clearing House

New Message Format for the Fedwire® Funds Service

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. Learn more.

The Clearing House

Achieving a Ubiquitous Faster Payments Capability in the U.S.

The plan to create a ubiquitous faster payments capability in the United States in order to promote efficient commerce and facilitate innovation. Learn more.

Tokens and the Travel Rule

Tokens and the Travel Rule

One of the greatest challenges we face in today’s high-tech, interconnected world is protecting sensitive data from cybercriminals. However, individuals and businesses may not be able to use cybersecurity best practices because these procedures may conflict with existing laws. Learn more.