In the News

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

  September 23, 2015

  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 Welcomes NACHA Same Day ACH Settlement Announcement

  December 09, 2014

  The Clearing House welcomed NACHA’s proposal to move toward a ubiquitous, same-day ACH settlement capability. Together with today's already efficient ACH, Same Day ACH and real-time payments will provide distinct payment options for customers.

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

  October 22, 2014

  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.

• America’s Leading Financial Institutions to Collaborate on the Safety and Soundness of Digital Payments

  July 01, 2013

  The Clearing House is working with the nation’s leading financial institutions to develop an industry-wide credentialing solution designed to help improve the future safety and soundness of digital payments.