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Fiserv Partners With The Clearing House, Enabling Real-Time Payments for More CUs

Fiserv’s NOW Gateway establishes a connection to The Clearing House’s RTP network.

Source: Shutterstock

The Brookfield, Wis.-based financial services technology provider Fiserv has formed a partnership with The Clearing House, giving Fiserv’s thousands of financial institution clients – including credit unions – access to real-time payments (RTPs).

According to Monday’s announcement from Fiserv, credit union clients will have the ability to enable real-time consumer and business payments via the company’s NOW Gateway, which is connected to The Clearing House’s RTP network. The Clearing House is currently the only U.S. vendor enabling access to RTPs, which can be defined as fund transfers that can be initiated any time and via any channel that are also certified, final, immediately available, instantly settled and confirmed to the payee and payer.

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Natasha Chilingerian

Natasha Chilingerian

Natasha Chilingerian has worked in the credit union space for over a decade. She joined CU Times as managing editor in 2015 and was promoted to executive editor in 2019. Before that, she served as a communications specialist for Xceed Financial Credit Union (now Kinecta Federal Credit Union) in Los Angeles from 2013-2015, and as a CU Times freelancer from 2011-2013. She has been a professional writer and editor for more than 17 years, specializing in news and lifestyle journalism as well as marketing copywriting for companies in the finance and technology space.

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