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19 Financial Services and Consumer Groups Urge Congress to Exempt Economic Impact Payments from Garnishment

March 09, 2021

Congress should protect the third-round of economic impact payments from garnishment so families that need the financial relief can access funds without delay
TCH’s CHIPS Network Extends Operating Hours

March 08, 2021

CHIPS, the premier high-value network for domestic and cross-border payments, extends hours for receipt of new payments messages to 6pm ET
PNC Bank Joins CHIPS, the Largest Private Sector US Dollar Clearing System

March 02, 2021

PNC Bank to send payments over CHIPS, taking advantage of a patented liquidity savings algorithm for efficient clearing and improved client experience
Early Warning Services and The Clearing House Now Enable Zelle® Payments on the RTP® Network

February 25, 2021

Bank of America and PNC Bank first to send Zelle^® payments over the RTP^® network
Financial Industry Leaders Launch New Streamlined Data Sharing Risk Assessment Service

January 26, 2021

New offering makes it more efficient for fintechs and aggregators to provide crucial information for financial institutions to assess their risk and controls as they engage in data exchange agreements.
Wells River Savings Bank to Implement the RTP® Network, TCH’s Real-Time Payments System

January 12, 2021

Wells River Savings Bank, a community bank in Vermont, announced that it has committed to bringing real-time payments capabilities to its customers through the RTP^® network developed by The Clearing House (TCH).
ESL Federal Credit Union Joins the RTP® Network, TCH’s Real-Time Payments System

December 17, 2020

Rochester, NY-based ESL Federal Credit Union is live on the RTP^® network. With the RTP network, ESL enables consumers and businesses to receive payments immediately while also providing advanced messaging capabilities.
Early Warning and The Clearing House Complete Critical Integration Milestone of the Zelle® and RTP® Networks

October 27, 2020

Real-time settlement of Zelle^® transactions on the RTP^® network enables expanded uses cases and increases efficiency of P2P, small business and disbursement payments for participating financial institutions; PNC Bank and U.S. Bank first to pilot the integration.
Financial Institutions Holding 70% of U.S. Deposit Accounts Have Access to RTP® Network for Real-Time Payments

September 09, 2020

Jack Henry & Associates, FIS, Sherpa Technologies, COCC, and other technology providers have connected to the RTP® network giving their clients access to the nation’s most advanced payment system.
Bankers’ Bank is Live with its Funding Agent Solution on the RTP® Network

August 05, 2020

Bankers’ Bank is now live with its Funding Agent solution and is providing funding and liquidity management services for IncredibleBank^sm on the RTP® network.
5 Banks Join RTP® Network on Same Day Through Jack Henry’s JHA PayCenter™

July 29, 2020

As more banks move to offer innovative real-time payment capabilities to customers, JHA PayCenter™ provides a scalable path to the RTP® network, the newest real-time payments infrastructure in the United States.
Chesapeake Bank Provides Faster Payments to Customers on the RTP® Network

June 18, 2020

Chesapeake Bank has joined the RTP® network and will provide customers with the ability to receive payments directly into their accounts with real-time receipt confirmation and instant availability.
Huntington Launches Real-Time Payments for Consumer and Business Customers

June 04, 2020

Payment innovation delivers nearly instant funds availability with the security and efficiency customers are seeking.
Consumer, Banking Groups Applaud Bill to Exempt Economic Impact Payments From Garnishment

May 26, 2020

Consumer groups and banking industry organizations joined together today to support bipartisan legislation that would prevent Economic Impact Payments from being subject to garnishment.
Corporate One Certified as First Corporate Credit Union Participant on TCH’s RTP® Network

May 12, 2020

Corporate One Federal Credit Union has received certification to receive payments via the RTP^® network. Corporate One is the first corporate credit union and wholesale financial provider to receive such certification.
TCH’s Response to the COVID-19 Pandemic

April 23, 2020

Providing for the Wellness of Our Employees and Ensuring the Smooth and Safe Functioning of our Systems
Consumer, Banking Groups to Congress: Exempt Economic Impact Payments from Garnishment

April 21, 2020

In a letter to congressional leadership today, consumer and banking industry organizations urged lawmakers to clarify at the earliest possible opportunity that economic impact payments issued by the federal government in response to the coronavirus pandemic should be exempt from otherwise legally binding garnishment orders.
Congress Should Exempt Stimulus Payments from Court-Ordered Garnishments

April 15, 2020

Leading financial services trade associations today wrote Congressional leadership requesting that Congress clarify that the CARES Act economic impact payments (also known as stimulus payments) are treated as benefits subject to the federal exemption from garnishment.
Financial Industry to Give Consumers More Control Over Their Data

February 20, 2020

Created by Fidelity, Akoya℠ Becomes an Independent Company; operates a network for the entire industry. Jointly owned by 11 banks, Fidelity and The Clearing House, Akoya℠ to accelerate the movement toward more secure APIs.
MUFG Union Bank Launches Real-Time Payments for Clients on the RTP® Network

January 23, 2020

Customers with a deposit account can now receive funds in real time.
TCH Raises RTP® Network Transaction Limit to $100,000

January 23, 2020

As the volume of transactions and number of users continues to grow on the RTP® network, TCH is increasing the transaction limit to meet the needs of depository institutions and their customers.
Corporate America Credit Union Becomes Funding Agent for the RTP® Network

December 03, 2019

As a Funding Agent for the RTP® network, CACU will allow member credit unions to efficiently manage their liquidity on the network at a lower cost.
New Research Reveals Most Consumers Unaware of Financial Data Collection Practices

November 19, 2019

Research reveals a continued disconnect in perceived and actual awareness of financial data collection practices and consumer support for more transparency, education, and control.
Wells Fargo Launches Ability to Send Payments on the RTP® Network

November 19, 2019

Wells Fargo announced today that its corporate customers can now send real-time payments through the RTP^® network via an application programming interface (API), enabling the immediate movement of money and expanding the bank’s faster payments offerings.
HSBC Bank USA Now Offers Business Clients the Ability to Send and Receive Payments in Real Time

November 18, 2019

HSBC Bank USA, N.A. (HSBC) announced today the launch of real-time payments capabilities on the RTP^® network that allow business and institutional clients of all sizes to pay and be paid immediately with enhanced convenience and security.

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