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The Clearing House names Pat Antonacci chief product officer

RTP transaction limit raised to $10M

Whitney McDonaldbyWhitney McDonald
July 14, 2025
in Payments
Reading Time: 3 mins read
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The Clearing House announced the appointment of Pat Antonacci as chief product officer today. 

Antonacci, who joins The Clearing House from Swift, will take on product development across TCH’s payment networks, including the Real Time Payments network, CHIPS, EPN and Image Exchange, according to TCH’s LinkedIn post. 

Pat Antonacci

“I will work with CEO David Watson and the executive team on the company’s mission of running the payments rails that we use every day and modernizing payments infrastructure for the banking industry in the U.S. economy,” Antonacci said on LinkedIn.

Margaret Weichert previously held the chief product officer position. 

Read more on The Clearing House’s payments rails: 

  • The Clearing House raises RTP transaction limit to $10M 
  • TCH daily payments value double to $2.5B in 6 weeks 
  • 99.6% of instant payments processed on RTP network in 2024 

Register here for “Seamless integration: The new frontier in embedded payments,” a free Bank Automation News webinar set for Tuesday, July 22, at 11 a.m. ET. 

Tags: Movers and ShakersPremiumRTPThe Clearing House
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