FIS and TCH Aim to Bring Real-Time Payments to Minority Communities 05/04/2021 | 08:39am EDT Send by mail : Message : Required fields NEW YORK, May 4, 2021 /PRNewswire/ -- In an effort to bring the benefits of real-time payments to all Americans, especially those in communities served by minority-owned depository institutions (MDIs), financial technology leader FIS and The Clearing House are jointly funding the onboarding fees for MDIs joining the RTP® network, the real-time payments network operated by The Clearing House, through FIS. "Minority-owned banks and credit unions play a crucial role serving their communities and local small businesses, and real-time payments can help solve many cash-flow concerns for customers," said Jim Aramanda, President & CEO, The Clearing House. "Demand for faster payments has never been higher, and all Americans deserve to enjoy the benefits that come with real-time payments on the RTP network."