Six news stories.
• Should The Clearing House be in the NFCW Expo? Is this your organisation? Find out how to get your NFCW Expo showcase.
• Should The Clearing House be in the NFCW Expo? Is this your organisation? Find out how to get your NFCW Expo showcase.
First new core payments system in the US in more than 40 years initiates first live payments — The Clearing House — “’RTP is one of the most important payment transformation efforts in our industry. It goes far beyond helping financial institutions address the legacy challenges of payment processing in the US (speed, transparency, cost) and improving the client experience. Bringing online a truly real time, two way, 24×7 payment and messaging system will create new scenarios and entire new markets in ways we have not even anticipated,’ said Ian Stewart, CEO of BNY Mellon Treasury Services.”
Mastercard and The Clearing House partner on tokenization solution — Mastercard — “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 Clearing House will launch its card tokenization solution in the next quarter, and is in the process of extending tokenization to other networks it manages, including Real-Time Payments (RTP).”
Financial services provider FIS and banking association The Clearing House (TCH) are to pilot a real-time payments system with financial institutions in the US in the first quarter of 2017, with an initial focus on bill payments... More
Banking association The Clearing House (TCH) has contracted UK payments infrastructure operator VocaLink to develop a national real-time payment service in the US... More
The Clearing House (TCH) and its member banks are planning to build a real-time payment system in the US that will enable consumers and businesses to send and receive immediate payments directly from their accounts... More
The US Federal Reserve’s Mobile Payments Industry Workgroup (MPIW) has given cautious backing to the potential of tokenization in mobile payments and formed a subgroup dedicated to exploring the impact of the technology in more depth... More