The Clearing House
Tom Masterson is an experienced professional in risk management and account management, currently serving as Product Risk Manager at The Clearing House since January 2005. Prior to this role, Tom held the position of Manager in the Account Management Group and worked as a Project Manager at the same organization. Tom's career commenced at Deluxe Corporation, where Tom was the Client Services Support Manager from January 1997 to January 2005. Tom holds a Master of Business Administration (M.B.A.) in Marketing from Fordham University, earned between 1979 and 1984, and a Bachelor of Arts (B.A.) in History from Hamilton College, completed from 1973 to 1977.
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The Clearing House
The Clearing House is a banking association and payments company owned by the largest commercial banks, and dates back to 1853. The Clearing House Payments Company L.L.C. owns and operates core payments system infrastructure in the United States and is currently working to modernize that infrastructure by building a new, ubiquitous, real-time payment system. The Payments Company is the only private-sector ACH and wire operator in the United States, clearing and settling nearly $2 trillion in U.S. dollar payments each day, representing half of all commercial ACH and wire volume. Its affiliate, The Clearing House Association L.L.C., is a nonpartisan organization that engages in research, analysis, advocacy and litigation focused on financial regulation that supports a safe, sound and competitive banking system.