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The two participants completed the first CHIPS ISO 20022-formatted transaction after the network successfully migrated to the ISO 20022 message format for the April 8 banking day. -
The CHIPS network cleared and settled $1.81 trillion during the first day of operations on the ISO 20022 global standard message format.CHIPS® Network Successfully Migrates to ISO 20022 Message Format
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RTP® Network Breaks Instant Payments Records
The RTP® network is ensuring no one has to wait for their money, especially in 2024. The RTP system, which gives access to account holders’ money immediately, has set new records in Q1 including overall volume and value, a record volume month, and the most transactions in a single day.
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Financial institution participants on CHIPS benefit from enhanced liquidity efficiency that saves the industry almost $14 million per day.CHIPS Liquidity Algorithm Saves Financial Industry Billions
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Growing Volumes on The Clearing House’s ACH Network Lead to Impressive Upward Trajectory
Transaction volume on EPN®, the ACH network from The Clearing House, grew 8% in 2023, outpacing the broader ACH market and continuing impressive yearly growth. In 2023, EPN processed over 19 billion transactions worth $52.4 trillion.
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Mastercard and The Clearing House (TCH) have announced an extended multi-year partnership.Mastercard and The Clearing House Extend Partnership on Real-Time Payments
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The former Deutsche Bank executive brings 20 years of marketing and communications experience to The Clearing House.Amanda Stewart Joins The Clearing House as Chief Marketing Officer
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BPI and TCH Call for Stronger Consumer Financial Data Rules for Aggregators and Big Tech
The Clearing House and Bank Policy Institute comment on proposed Section 1033 rulemaking.
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The former Truist and JPMorgan Chase payments executive brings extensive industry experience to The Clearing House.Banking Industry Veteran Sal Karakaplan Joins The Clearing House as Chief Strategy Officer
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Keith Melton, previously with Federal Reserve Financial Services, joins TCH as SVP and RTP® Strategic Program ManagerThe Clearing House Expands RTP® Network Strategic Team