X9 Seminar – Briefing on Faster Payments by Steve Ledford and Jim Colassano of The Clearing House

Steve Ledford and Jim Colassano of The Clearing House will provide a briefing on faster payments.  Steve will discuss the global landscape for faster payments and the Federal Reserve’s Faster Payments Task Force.  Jim will discuss The Clearing House’s Real Time Payments service scheduled to launch later this year.  The seminar will include a review of immediate payment systems in other countries and a comparison of real-time payments to NACHA’s Same Day ACH program and an overview of The Clearing House RTP service.

The Clearing House is a banking association and payments company that is owned by the largest commercial banks and dates back to 1853.  The Clearing House Payments Company L.L.C. owns and operates core payments system infrastructure in the United States and is currently working to modernize that infrastructure by building a new, ubiquitous, real-time payment system.  The Payments Company is the only private-sector ACH and wire operator in the United States, clearing and settling nearly $2 trillion in U.S. dollar payments each day, representing half of all commercial ACH and wire volume.  Its affiliate, The Clearing House Association L.L.C., is a nonpartisan organization that engages in research, analysis, advocacy and litigation focused on financial regulation that supports a safe, sound and competitive banking system.

X9 Seminar Information:

Date: Wednesday, April 5, 2017
Time: 12:00 noon EDT – 1:30 PM EDT
WebEx information will be emailed no later than the end of day on April 4, 2017, to people that register below.

Register for the Seminar:

Registration is closed. You can view the presentation from our website under the “Media Center” menu item.