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The Clearing House is a banking association and payments company owned by the largest commercial banks in the United States. The Clearing House is the parent organization of The Clearing House Payments Company L.L.C., which owns and operates core payments system infrastructure in the United States, including ACH, wire payments, check image clearing, and real-time payments [1] through the RTP ...
EBA Clearing was founded in June 1998 by the Euro Banking Association (EBA) and is owned by the major payment banks operating in Europe. [6] [7]Its initial mission was to create and operate the clearing and settlement system for high-value euro transactions, EURO1, which the EBA had transferred to EBA Clearing at the launch of the Eurosystem in 1999.
Publishers Clearing House was founded in 1953 in Port Washington, New York by Harold Mertz, [5] [6] a former manager of a door-to-door sales team for magazine subscriptions. [7] The company started in Mertz's basement with help from his first wife LuEsther and daughter Joyce.
Electronic Clearing Service, or ECS, is an electronic clearing service that facilitates funds transfer between bank accounts. The service was started by Reserve Bank of India providing, both, debit and credit which can be used to pay utility bills. [4]
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ABN AMRO Bank N.V. is the third-largest Dutch bank, [5] with headquarters in Amsterdam.It was initially formed in 1991 by merger of the two prior Dutch banks that form its name, Algemene Bank Nederland (ABN) and Amsterdamsche en Rotterdamsche Bank (AMRO Bank).
The Clearing House Interbank Payments System (CHIPS) is a United States private clearing house for large-value transactions. As of 2023, it settles approximately 500,000 payments totaling US$1.7 trillion per day. [1]
Ally Financial Inc. (previously known as GMAC) is a bank holding company incorporated in Delaware and headquartered at Ally Detroit Center in Detroit, Michigan.The company provides financial services including car finance, online banking via a direct bank, corporate lending, vehicle insurance, mortgage loans, and other related financing services such as installment sale and lease agreements.