Pioneers in Payments | Cutting Through the Noise in U.S. Payments with Amy Smith, The Clearing House

Описание: 🎙️ Host: Donna Blum, BHMI
🎙️ Guest: Amy Smith, SVP of Membership Services & Education at The Clearing House

In this episode of Pioneers in Payments, host Donna Blum sits down with Amy Smith, SVP of Membership Services & Education at The Clearing House, to explore how education, compliance, and instant payments are shaping the future of the U.S. payments ecosystem.

Amy leads two key business lines. ECCHO is an industry organization that focuses on check payments rules, standards, and compliance in the U.S. TCH Payments Authority is a U.S. payments association providing education, guidance, and compliance support across all payment rails, including checks, ACH, wire transfers, cards, and account-to-account payment services. Her teams support more than 6,900 banks, credit unions, and companies nationwide.

During the conversation, Amy shares insights on:

👉 The growing importance of instant payments and why precision, speed, and immediate settlement are critical
👉 The evolution of U.S. faster payments, including RTP (launched in 2017) and the Federal Reserve’s FedNow (2023)
👉 Why the U.S. is a “fast follower” in payments innovation and what that means for adoption
👉 The opportunity for community banks and credit unions to prioritize instant payments
👉Cutting through industry noise around emerging technologies to stay focused on what matters most
👉Ongoing challenges around fraud, particularly in the check space

Amy’s silver-bullet advice: Educate yourself and be intentional about learning the broader payments ecosystem. It is important to understand how money moves today and how it will move in the future. This helps financial institutions make smarter decisions, better serve customers, and prepare for what’s next.

Connect with Amy Smith:
  / amy-smith-aap-cae-365414a  

About The Clearing House:
The Clearing House Payments Company L.L.C. owns and operates core payments system infrastructure in the United States that clear and settle more than $2 trillion each business day through wire, ACH, check image, and instant payments. The company operates the RTP® network, launched in 2017, which supports the immediate clearing and settlement of payments, along with the ability to exchange related payment information across the same secure channel. The Clearing House is the only private-sector instant payments, ACH, and wire operator in the United States, representing 98% of instant payments volume and half of all commercial ACH and wire volume. Its affiliate, The Clearing House Association L.L.C., the country’s oldest banking trade association, is a nonpartisan organization that provides informed advocacy and thought leadership on critical payments-related issues. Learn more at https://www.theclearinghouse.org.

About BHMI:
BHMI provides software solutions for back-office processing of electronic payments. The Concourse Financial Software Suite® offers dynamic, flexible solutions for processing debit, credit, mobile, P2P, real-time payments, ATMs, POS, and more. Concourse enables automated reconciliation, settlement, fee assessment, dispute management, and back-office modernization. Learn more at https://bhmi.com.

▶️ Watch more episodes of Pioneers in Payments:
   • Pioneers in Payments  

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