Articles Posted in business review

DOJ Allows a JV of 24 Banks to Create and Operate a New Payment System
Doyle, Barlow & Mazard PLLC

On September 21, 2017, the DOJ’s Antitrust Division issued a business letter stating that it would not challenge a proposal by The Clearing House Payments Company LLC (“TCH”), a joint venture of 24 U.S. banks, to create and operate a new payment system that will enable the real-time transfer of funds between depository institutions, at…

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