Private-sector ACH operator The Clearing House has launched a real-time payments system, according to the company.

The core payments system infrastructure operator, which is owned by 25 banks and operates, said in an announcement this week that its real-time payments (RTP) system is the first new core payments infrastructure in the United States in more than 40 years. The real-time payments system is open to all U.S. depository institutions and meets the objectives of the Federal Reserve Faster Payments Task Force, it said. 

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