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RTP
RTP is built for all U.S. financial institutions with 24x7 immediacy, certainty, and bank-grade security that are required in a new payments rail. In addition, RTP includes the information/conversation tools financial institutions can use to transform the end-to-end payments experience.

Secure Token Exchange
Secure Token Exchange (STE) is a service to manage token issuance and authentication for mobile and ecommerce transactions.

ACH
ACH provides safe, efficient and cost-effective processing of electronic transactions in a batch environment.

CHIPS
CHIPS is the largest private sector USD clearing system in the world, clearing and settling $1.5 trillion in domestic and international payments per day.

Image Exchange
This industry utility allows financial institutions of all sizes to exchange check images in the most efficient and cost effective way.

In the News

  • Op-ed: APIs are the way forward for better data security

    Capital One’s decision to share customer data with third-party services through application programming interfaces (APIs) deserves applause. The data-sharing model allows banks to protect their customers, while giving customers better control over their personal financial information. 

     

  • Steve Ledford Among Finalists for NACHA Award – Vote Today

    The NACHA Excellence in Payments Award honors superior leadership and accomplishment in the development, implementation or advancement of domestic or international electronic payments. Steve is recognized for his 30+ years in payments leadership, most recently overseeing nearly all aspects of RTP®. The attributes that set Steve apart are his inclusive approach, positive outlook and infectious enthusiasm for what’s next.

  • The Clearing House Announces RTP Advisory Committee

    Today, The Clearing House (TCH) announced it has formed an RTP® Advisory Committee from a diverse set of financial institution stakeholders to obtain input on the operation of its new real-time payments system. The committee is comprised of senior executives from credit unions, community and mid-size banks, and trade associations. The committee is charged with providing perspectives that will help RTP continue to be responsive to all financial institutions and drive adoption of RTP in an effort to achieve the goal of ubiquity by 2020.

     

  • First New Core Payments System in the U.S. in more than 40 Years Initiates First Live Payments

    The Clearing House (TCH) launched RTP®, its real-time payments system, the first new core payments infrastructure in the U.S. in more than 40 years.  The new RTP system was designed and built through the collaborative effort of TCH’s 25 owner banks and meets the objectives of the Federal Reserve Faster Payments Task Force. RTP is open to all U.S depository institutions with a goal of reaching ubiquity by 2020.

  • Mastercard and The Clearing House Partner on Tokenization Solution

    Today, The Clearing House (TCH) and Mastercard announced they are partnering to enable TCH to provision and manage Mastercard-branded tokens on behalf of banks. The partnership with Mastercard establishes TCH as one of the first Mastercard-certified third-party Token Service Providers to enter the US market, and enables TCH to support current and future token capabilities ranging from mobile payments to remote purchases and Internet-of-things (IoT) transactions.

  • The Clearing House to Acquire ECCHO

     The Clearing House Payments Company L.L.C. (“The Clearing House”) and the Electronic Clearing House Organization (“ECCHO”) today announced that they have agreed to pursue a strategic opportunity that would transfer the business and operations of ECCHO to The Clearing House. 

  • Jack Henry & Associates Partners with The Clearing House to Grow Ubiquity of Real-Time Payments

    Jack Henry & Associates, Inc. (NASDAQ:JKHY) is a leading provider of technology solutions and payment processing services primarily for the financial services industry. Its JHA Payment Solutions™ group today announced a partnership with The Clearing House (TCH) to expand the scope of U.S. financial institutions equipped to send and receive new real-time transactions. 

  • TCH Lauds Federal Reserve Progress Spurring Improvements in Payments

    The Clearing House (TCH) today welcomed the release of a report by the Federal Reserve outlining its progress in support of improvements to the U.S. payment system.  The Clearing House is the only ACH (automated clearing house) and wire operator in the U.S. other than the Federal Reserve, and TCH is currently working to build a new, ubiquitous real-time payment system.  As part of its effort, TCH worked to align its new real-time system with the Federal Reserve’s efforts to improve the U.S. payments system.

  • VocaLink and The Clearing House sign a groundbreaking deal to deliver national real-time payment services in the U.S.

    VocaLink, the UK-based international payment systems provider, has signed a contract with The Clearing House (TCH) to develop a national real-time payment service in the U.S. In October, the two companies announced they had signed a letter of intent, and today’s contract signing finalizes the partnership and clears the way for work to build the system to begin immediately.

  • The Clearing House Reiterates Support for NACHA Same-Day ACH Settlement

    The Clearing House welcomes the Federal Reserve’s decision to adopt NACHA’s rules for same-day ACH.   Under the terms of NACHA’s ballot, the effective date of NACHA’s rules was contingent upon NACHA receiving written confirmation from the Federal Reserve Board that it will support the rules.  By confirming its support, NACHA’s same-day ACH rules will begin to take effect as of September 23, 2016, as indicated in NACHA’s ballot.

  • The Clearing House to Undertake a Multi-Year Effort to Design and Develop a Secure, Real-Time Payment System

    On October 22, TCH and its Owner Banks announced plans to undertake a multi-year effort to build a real-time payment system to better meet consumers’ and businesses’ expectations in an increasingly digital economy. The real-time payment system will be designed to address gaps in payment options and will enable consumers and businesses to securely send and receive immediate payments directly from their accounts at financial institutions. Implementing ubiquitous real-time payments is a comprehensive multi-year endeavor, requiring coordination among financial institutions of all sizes and their service and technology providers. The innovative real-time system will be designed to address unmet customer needs and allow them to initiate payments directly from their bank accounts in a safe and secure manner.

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