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The Clearing House
The Clearing House and FIS Laud Federal Reserve's Faster Payments Task Force's Final Report

Task Force's final report offers a roadmap for achieving competitive, safe, ubiquitous, and faster payments.

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  • First New Core Payments System in the U.S. in more than 40 Years Initiates First Live Payments November 14, 2017

    Yesterday, 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.

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  • Mastercard and The Clearing House Partner on Tokenization Solution October 19, 2017

    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.

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  • The Clearing House Offers Recommendations for Volcker Rule Reform September 22, 2017

    In a comment letter filed on September 21 with the Office of the Comptroller of the Currency, The Clearing House (TCH) made recommendations regarding how to more effectively implement the Volcker Rule to better promote lending, banking services, and vibrant capital markets while still ensuring it meets its objective of reducing risk and enhancing bank safety and soundness by restricting excessive risk-taking activities by banks and their affiliates.

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  • U.S. AML/CFT System is Broken Says TCH Association President Greg Baer June 28, 2017

    In his testimony before the House Financial Services Subcommittee Greg Baer, President of The Clearing House Association (TCH), detailed recommendations The Clearing House recently proposed in a report entitled A New Paradigm: Redesigning the U.S. AML/CFT Framework to Protect National Security and Aid Law Enforcement

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  • TCH Calls on the Basel Committee to Go Back to the Drawing Board on GSIB Surcharge June 27, 2017

    In the comment letter to the Basel Committee on Banking Supervision, The Clearing House (TCH) expresses serious concerns about certain inappropriate proposed changes, which would disproportionately and adversely affect four U.S. banks. 

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