In the News

• Federal Reserve’s Flawed Debit Card Proposal Harms Banks, Credit Unions and Consumers

  May 10, 2024

  America’s banks and credit unions unanimously oppose Regulation II proposal

• MUFG and Crédit Agricole Corporate & Investment Bank Complete First Payment in the ISO 20022 Format on CHIPS® Network

  April 17, 2024

  The two participants completed the first CHIPS ISO 20022-formatted transaction after the network successfully migrated to the ISO 20022 message format for the April 8 banking day.

• CHIPS® Network Successfully Migrates to ISO 20022 Message Format

  April 10, 2024

  The CHIPS network cleared and settled $1.81 trillion during the first day of operations on the ISO 20022 global standard message format.

• RTP® Network Breaks Instant Payments Records

  April 04, 2024

  The RTP^® network is ensuring no one has to wait for their money, especially in 2024. The RTP system, which gives access to account holders’ money immediately, has set new records in Q1 including overall volume and value, a record volume month, and the most transactions in a single day.

• CHIPS Liquidity Algorithm Saves Financial Industry Billions

  April 02, 2024

  Financial institution participants on CHIPS benefit from enhanced liquidity efficiency that saves the industry almost $14 million per day.

• Growing Volumes on The Clearing House’s ACH Network Lead to Impressive Upward Trajectory

  March 12, 2024

  Transaction volume on EPN^®, the ACH network from The Clearing House, grew 8% in 2023, outpacing the broader ACH market and continuing impressive yearly growth. In 2023, EPN processed over 19 billion transactions worth $52.4 trillion.

• Mastercard and The Clearing House Extend Partnership on Real-Time Payments

  January 24, 2024

  Mastercard and The Clearing House (TCH) have announced an extended multi-year partnership.

• Amanda Stewart Joins The Clearing House as Chief Marketing Officer

  January 04, 2024

  The former Deutsche Bank executive brings 20 years of marketing and communications experience to The Clearing House.

• BPI and TCH Call for Stronger Consumer Financial Data Rules for Aggregators and Big Tech

  January 01, 2024

  The Clearing House and Bank Policy Institute comment on proposed Section 1033 rulemaking.

• Banking Industry Veteran Sal Karakaplan Joins The Clearing House as Chief Strategy Officer

  December 11, 2023

  The former Truist and JPMorgan Chase payments executive brings extensive industry experience to The Clearing House.