The Clearing HouseRSS

Swift teams with TCH to drive instant payments in US

New addition to Swift's network

Hot on the heels of the US Fed’s Faster Payments Task Force final report and call for the industry to implement faster payments in the US by 2020, Swift is offering a gateway, reports Paybefore (Banking Technology‘s sister publication). The global financial messaging provider says it will provide US institutions with a gateway to The […]

D+H unveils simulated tests for real-time payments

D+H ponders sale

DH Corporation (D+H) is now offering banks a cloud-based testing environment to simulate connectivity to The Clearing House’s (TCH) real-time payments system. D+H says it is the first payments hub vendor to provide banks in the US “easy and low-risk” access and with “minimal investment”. It offers an optional open API layer, where banks can […]

IBM Power8 infrastructure to support US real-time payments system

IBM working with Standard Life and ING Direct Australia

The Clearing House (TCH), the driving force behind the real-time payments modernisation in the US, has opted for IBM’s hardware. IBM’s Power8 based system infrastructure – running Linux and AIX operating systems – was selected as the hosting platform.

FIS and The Clearing House to debut US real-time payments system

US_Flag_Backlit

FIS and The Clearing House (TCH) are preparing to launch a pilot for a “first-of-its-kind” real-time payments system in the US. The pilot will initially focus on the bill payment use case, using FIS technology and operating via the TCH real-time payments platform. Already under development, the pilot will go live in the first quarter […]

D+H Corporation joins US real-time payments rush

D+H pledges commitment to real-time payments

US-based banking and payments software vendor D+H has joined its rivals FIS and Jack Henry in partnering with The Clearing House (TCH) for real-time payments. D+H will provide US banks and financial institutions with access to TCH’s domestic instant payments system. The system is currently being built, with the “plumbing” provided by VocaLink. The vendor’s […]

Jack Henry partners with The Clearing House for real-time payments drive

US_Flag_Backlit

JHA Payment Solutions, a division of Jack Henry & Associates, has teamed up with The Clearing House (TCH) as they seek to bring immediate payments to the US. TCH is currently working to build a new real-time payment system, which it will own and operate. In partnering with JHA Payment Solutions, TCH says it will […]

The Need for Speed: Modernizing Payments with ‘Faster’ Payments

Sibos_Banner_DandH_640wx170

Join us for this complimentary webinar as our panel of industry experts discuss faster payments initiatives globally, with a focus on key issues and considerations for financial institutions and corporates alike, including: managing cross-border payments, faster Payments models, the legal framework, payments risk & anti-money laundering.

US and Europe set for real-time payments by end of 2017

aramanda-yates

The US and eurozone countries both look set to have live real-time payment infrastructures by the end of 2017, both using the ISO 20022 for real-time messaging standard.

The Clearing House inks US payments deal with VocaLink

One in three US adults now banks using a mobile phone

The Clearing House has signed a letter of intent with VocaLink, the UK-based international payment systems provider, to help build and deliver core elements of TCH’s new real-time payment system for the United States.

The Irresistible Rise of Real-Time Payments

Payment_roundup_cover-May2015-crop-sq

Whatever label you use, instant, immediate, faster or real-time payments have moved to the top of the agenda at every payments-related event so far this year and are sure to be high on the agenda when Swift’s annual Sibos event lands in Singapore in October. Nearing the halfway mark for 2015, here’s a roundup of the stories so far …

@banking
techno