At the ABA Payments Forum, Jim Aramanda, President and CEO of The Clearing House, and ABA President and CEO Rob Nichols share their insights on the changing payments industry, new payments rails, and the effect of public policy on private sector solutions.

Among other topics, Aramanda said the RTP network is open to all depository institutions and described the pricing model in detail (no volume discounts, no minimum volume), and discussed how ubiquity will serve all federally insured depository institutions as the RTP network‘s operating model will lead to lower pricing as the system reaches scale.

To learn more about the RTP network and how TCH runs and operates the nation’s newest payments system, watch the full video below (courtesy of the ABA).