The Clearing House says transactions on its electronic payments network (EPN) system continue to grow in value and volume. That system, The Clearing House’s (TCH) automated clearinghouse (ACH) network, saw its transaction volume increase by 6.2% last year, the company said Monday (March 31). The...
Faster payments have loomed large in financial services through the past couple of years — and with the uncertainty of tariffs and inflation, speedier payments have a broad range of desirable traits. There’s a surety that comes with instant funds, a visibility into cash flow...
The Clearing House’s RTP network launched in 2017. The FedNow Service, the central bank’s foray into real-time payments, debuted in the summer 2023. And yet real-time payments — while getting some serious global traction — still have a lot of runway left for consumers and...
The benefits of real-time payments may be readily apparent to financial institutions (FIs) — as they can serve their clients with new use cases, including pay by bank and immediate payroll deposits. They can foster strong relationships with commercial customers with speedier and more transparent...
April 18, 2025
The growth of real-time payments has been global in scope, and as detailed in the latest “Real-Time Payments World Map,” a collaboration between PYMNTS Intelligence and The Clearing House, there’s an increasing maturity and broadening adoption of instant payment systems. Increased transaction limits indicate that a variety of new use cases are coming to the […]
March 25, 2025
Faster payments have loomed large in financial services through the past couple of years — and with the uncertainty of tariffs and inflation, speedier payments have a broad range of...
March 17, 2025
The Clearing House’s RTP network launched in 2017. The FedNow Service, the central bank’s foray into real-time payments, debuted in the summer 2023. And yet real-time payments — while getting...
March 14, 2025
The benefits of real-time payments may be readily apparent to financial institutions (FIs) — as they can serve their clients with new use cases, including pay by bank and immediate...
March 31, 2025
The Clearing House says transactions on its electronic payments network (EPN) system continue to grow in value and volume. That system, The Clearing House’s (TCH) automated clearinghouse (ACH) network, saw its transaction volume increase by 6.2% last year, the company said Monday (March 31). The system in 2024 processed 20.7 billion transactions worth $56.4 trillion, accounting […]
February 03, 2025
It took the RTP® network more than five years to surpass 500 million instant payments. Getting to the 1 billion mark didn’t take nearly as long. Eighteen months after reaching...
December 04, 2024
The Clearing House plans to raise its instant payment network’s individual transaction limit. Starting next year, the RTP® Network will allow individual transactions of up to $10 million, The Clearing...
December 02, 2024
The Clearing House says its clearing/settlement system handled a record number of Black Friday transactions. The organization’s CHIPS network settled and cleared 1,083,550 payments valued at $2.63 trillion to kick...
