The CEO of The Clearing House, David Watson, talks payments infrastructure, instant payments, competing with FedNow, fraud and more.
The Clearing House is a real time payments network owned by a consortium of some of the biggest banks; there...
Merchants, community banks and credit unions are pushing the Fed to create their own real-time payments system as an alternative...
The US Department of Justice has approved the real-time Payments network after a yearlong antitrust review; the Clearing House, a consortium of the biggest banks in the US, was pleased by the news as they plan to launch their leading system later this year; this is seen as a step in the right direction of helping to modernize the US payments system. Source.
Here are the most read news stories from our daily newsletter today: The Clearing House On The Race for Real-Time...
The Clearing House, which is owned by a consortium of the biggest banks, has extended an olive branch to smaller...
The first major upgrade in electronic payments since the Automated Clearing House (ACH) was created 40 years ago and Check...