New York – The Clearing House (TCH), the leading innovator and operator of U.S. payments networks, announced today that Margaret Weichert has joined the company as Chief Product Officer where she will lead product development for the company’s payments networks.
Weichert, a payments leader with over 20 years of experience, joins TCH from Accenture where she was the North American Payments Practice Lead and worked with clients in banking, government, retail and travel, as well as fintechs and technology providers.
In her role at TCH, Weichert will be part of the executive leadership team and will guide product development for TCH’s payment products, RTP®, CHIPS®, ACH (EPN), and check clearing. She will also help drive the ongoing growth of the RTP network, a modern platform for domestic real-time payments, complete with rich data capabilities and immediate payment confirmation.
“The Clearing House is the top private-sector payments network operator in the United States that leverages its unique capabilities to support bank-led innovation,” Weichert says. “I’m happy to bring my experience working with various industry constituents to continue to provide innovative products across all of TCH’s payments networks and to help accelerate the impressive growth of the RTP network.”
“We are excited to have Margaret join The Clearing House,” said David Watson, President and Chief Executive Officer, The Clearing House. “Margaret’s deep experience with financial institutions, fintechs and technology providers will be an asset that helps the company to continue to be a leader in payments innovation.”
Earlier this year, Watson bolstered the TCH executive team with the addition of Sheffali Welch, Chief Operating Officer, and promoted existing executive-team member Elena Whisler to Chief Client Officer.
About The Clearing House
The Clearing House operates U.S-based payments networks that clear and settle more than $2 trillion each day through wire, ACH, check image, and real-time payments. It is the nation’s most experienced payments company, with a long track record of providing secure and reliable systems, payments innovation, and strategic thought leadership to financial institutions. In 2017, The Clearing House revolutionized U.S. payments by introducing the RTP® network, which supports the immediate clearing and settlement of payments, along with the ability to exchange related payment information across the same secure channel. These RTP capabilities enable all financial institutions to offer safer, faster, and smarter digital transaction services for their corporate and retail customers. Learn more at www.theclearinghouse.org.
The Clearing House