The Clearing House Association

• Real-time payments

  Heavy demand for fast payments in small banks' trial run

  A California startup and a century-old Missouri bank, which began using The ClearingHouse's real-time payments network this summer, say businesses have embraced the technology to pay suppliers and gig-economy workers and quickly close real estate deals.

  By Kate Fitzgerald

  October 26

  
• BankThink The partners that can help Fed speed launch of real-time payments

  The central bank must engage core processors, community banks and The Clearing House if it wants to move quickly on building out its FedNow system.

  September 23

  

  Deborah Phillips

  Senior Vice President of payments and technology policy

  Independent Community Bankers of America
• Faster payments

  Podcast ‘We want to take the time to get it right’ — Fed’s Montgomery on FedNow

  Ken Montgomery, who is heading up the Federal Reserve's faster payments network, says the agency is taking an incremental approach to launching the service.

  By John Heltman

  February 12

  
• Faster payments

  Why the Fed is taking an incremental approach to faster payments

  To address immediate market demand but allow time for the project to be done right, the official leading implementation of FedNow says the central bank envisions an initial release in 2023 or 2024 followed by subsequent updates.

  By John Heltman

  February 12

  
• Real-time payments

  Podcast BNY Mellon’s early adoption of real-time payments paying dividends

  The bank was one of the first users of The Clearing House's RTP network. Andrew Haskell explains how faster payments are helping the bank and its clients.

  By Penny Crosman

  January 27

  
• Real-time payments

  The Clearing House raises real-time payment threshold to counter rival networks

  In a move to increase the attractiveness of its Real-Time Payment network, The Clearing House is raising the transactional limit for single payments to $100,000 starting Feb. 1.

  By Michael Moeser

  January 23

  
• BankThink Don’t wait around for FedNow

  The Fed's real-time payments system won't be up and running for years, but consumers and businesses demand faster payments today.

  December 2

  

  Phil Goldfeder

  Vice president of public affairs

  Cross River Bank
• Real-time payments

  Podcast The gaping security holes plaguing real-time payments

  Stephen Ranzini, CEO of University Bank, says The Clearing House's RTP and Early Warning's Zelle handle enrollment, encryption and authentication insecurely.

  By Penny Crosman

  December 1

  
• Capital requirements

  FedNow is necessary, Fed digital currency is not: Mester

  The Cleveland Fed president dismissed concerns about the central bank's faster payments system competing with The Clearing House's network, while saying that a national digital currency is less of a necessity in the U.S. than in other countries.

  By John Heltman

  November 24

  
• Digital payments

  Not just speed: Data transfer another dividend of faster payments

  The Clearing House argues that participants in payments transactions could share far more invoice information over its real-time network.

  By Will Hernandez

  November 21

  

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