The Clearing House

Manufacturers Favor Digital Giants Over Banks to Deliver Real-Time Payments
Manufacturers Favor Digital Giants Over Banks to Deliver Real-Time Payments
December 07, 2023  |  Faster Payments

The manufacturing sector is undergoing a significant transformation in its payment practices, with a growing emphasis on real-time payments. In fact, instant payments have emerged...

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Five Months in, FedNow Is ‘Doing What It Was Planned to Do’
Five Months in, FedNow Is ‘Doing What It Was Planned to Do’
December 01, 2023  |  Faster Payments

Five months since the FedNow® Service launched, Miriam Sheril, head of product, U.S. at Form3, told PYMNTS, there are some encouraging signs. Although it is...

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UK Government Says Country Needs Open Banking Alternatives to Visa and Mastercard
UK Government Says Country Needs Open Banking Alternatives to Visa and Mastercard
November 22, 2023  |  Faster Payments

The U.K. risks falling behind other nations unless it can create an alternative to its Faster Payment Service. That’s according to a new government-commissioned review...

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Nearly 9 in 10 Manufacturers See Real-Time Payments a 2024 Priority
Nearly 9 in 10 Manufacturers See Real-Time Payments a 2024 Priority
November 22, 2023  |  Faster Payments

Real-time B2B payments are transforming industries in which the number of payment transactions is very high — such as the manufacturing sector. According to a...

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Nearly 40% of Gig Economy Ad Hoc Transactions Sent via Instant Payments
Nearly 40% of Gig Economy Ad Hoc Transactions Sent via Instant Payments
November 15, 2023  |  Faster Payments

Although ad hoc payments make up just 24% of accounts payable (AP) volume, they hold significant importance in various industry operations. In fact, these irregular...

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US Real-Time Payments Transactions Expected to Quadruple by 2027
US Real-Time Payments Transactions Expected to Quadruple by 2027
November 07, 2023  |  Real-Time Payments

Real-time payments have revolutionized how money moves in the global economy. In an era defined by rapid technological advancements and increasing consumer demand for convenience...

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Retailers Plan to Up Use of Instant B2B Payments
Retailers Plan to Up Use of Instant B2B Payments
November 06, 2023  |  Faster Payments

In an environment with high interest rates and the expansion of instant payment systems, retailers are shifting their payment preferences by leaving traditional methods and...

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The Clearing House Says Processing Error Impacted Less Than 1% of Daily ACH 
The Clearing House Says Processing Error Impacted Less Than 1% of Daily ACH 
November 03, 2023  |  Banking

The Clearing House has reportedly said that it is not aware of any ongoing issues after a narrow processing error that affected deposits and transfers at...

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The Clearing House Names Margaret Weichert as New Product Chief
The Clearing House Names Margaret Weichert as New Product Chief
October 30, 2023  |  News

Real-time payments network operator The Clearing House (TCH) has a new chief product officer. Margaret Weichert, who comes to TCH following a stint as North American payments...

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