CheckClear LLC, the owner and operator of the Endpoint Exchange Network announced today that Jack Henry & Associates will offer its financial institution clients an image based check clearing and settlement solution through the National Clearing House
Association (NCHA) and CheckClear's Endpoint Exchange Network, the country's largest and most advanced image exchange network.
The objective of this initiative is to develop standards and build and operate a scaleable clearing house
infrastructure that will make electronic distribution of software secure, accountable, quick, and inexpensive.
Holland Clearing House
(HCH) is a continental European derivatives clearing house
based in Amsterdam and is the primary clearing house
for the TOM multi-lateral trading facility.
To counter the stringency arising from reserve money being "hoarded," Cannon explained, clearing houses
began the practice of issuing CHLCs, which were based on short-term paper deposited by the borrowing banks as collateral.
12 /PRNewswire/ -- The Clearing House
(formerly the New York Clearing House
) and the Chicago Clearing House
Association announced today that their respective organizations have merged into "The Clearing House
The addition of the Connecticut Clearing House
solidly positions NCE to do just that in the Northeast and across the country.
NEW YORK and CHICAGO -- NEW YORK and CHICAGO, April 30 /PRNewswire/ -- The Clearing House
and The Chicago Clearing House
announced today that they have signed a letter of intent to pursue a merger of the two organizations.
The Endpoint Exchange Network and the National Clearing House
(NCHA) will make it possible for financial institutions across the country to trade check images with other institutions, nationwide.
Standard & Poor's rating criteria for exchanges and clearing houses
will be published in the upcoming Counterparty Rating Guide and may be obtained through the Communications Department.
NeTrue's core technical competencies include QoS management, network management, clearing house
technology in IP Telephony networks.
COCC's agreements with CheckClear and The National Clearing House
are strategic components that will usher in the era of check truncation and image exchange for our client institutions," said COCC's President and CEO, Richard A.
The Oklahoma City-based Endpoint Exchange Network and The National Clearing House
(NCHA) now make it possible for every financial institution across the country to trade check images with every other institution, regardless of their check imaging platform or check image exchange record format.