Corporate One Federal Credit Union, a specialist in immediate payments, announced that President/CEO Melissa Ashley has been appointed as a member of The Clearing House’s (TCH) RTP (real-time payments) Business Committee.
“I’m honored to serve on this committee as Corporate One continues to evolve our expertise as a leading, real-time payments partner for credit unions,” Ashley said in a statement. “The rapidly changing payments landscape has made it imperative for credit unions to implement RTPs to stay competitive, which is why Corporate One is committed to helping credit unions modernize their payment offerings through the adoption of real-time payments solutions and strategies."
The RTP Business Committee is responsible for ensuring the success of TCH’s RTP network, the U.S.'s first 24/7 real-time payments system, through input and guidance on the strategic execution of the RTP network.
It also establishes and amends rules that govern the network to ensure prudent risk management is followed for the RTP business line, as well as ensuring high-quality, efficient operations. The committee consists of representatives from banks and credit unions of all sizes.
Ashley’s appointment to the RTP Business Committee came after her appointment earlier this year to the RTP Advisory Committee, a group of senior executives from credit unions, community and mid-size banks, and trade associations.
TCH operates U.S.-based payments networks that clear and settle more than $2 trillion daily through wire, ACH, check image, and RTPs.