In the News

• Banking and Credit Union Groups Issue Statement on the Availability of Economic Impact Payments to Consumers

  March 16, 2021

  The IRS recently sent an initial wave of tens of millions of economic impact payments via the Automated Clearing House (ACH) system. 

• 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.