The Clearing House and FIS Submit Joint Proposal to Fed's Faster Payments Task Force

TCH proposal will fulfill Task Force vision for the future of payments

New York, NY – Late last Friday, The Clearing House (TCH), in conjunction with FIS, submitted a proposal for the evaluation of its Real-Time Payments (RTP) system to the Federal Reserve’s Faster Payments Task Force. The Clearing House is working to deliver a ubiquitous, real-time payments system for the US and FIS will help achieve ubiquity by offering enhanced RTP services to more than 3,000 financial institutions.

The Faster Payments Task Force is charged with identifying and assessing approaches for implementing safe, ubiquitous, ...

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