Resurgence of Payment Hubs

The Clearing House Association (TCA) is a trade group with headquarters in New York. The TCA was formed in 1853 and is the nation’s first banking association that today advocates on regulatory, legislative, and legal public policy issues on behalf of the largest U.S. commercial banks before policymakers, courts of law, and standards setters in the United States and abroad.

In a recent article, published on the TCA web site, Rob Hayden and Liz Oakes, McKinsey & Company provide some background to the origin of payment hubs and explain why they are “re-emerging as a key strategic platform for payment processing for banks of all sizes.”

Read the full article here: As Real-Time Payments Rise, Payment Hubs See a Resurgence