Mr. Colassano has more than 25 years of experience in all facets of the Payments and Cash Management business.  He joined The Clearing House in 2016 as a Senior Vice President in the Product Development and Strategy group, where he is focused on product strategy and bank readiness for TCH’s new real-time payments system.  In this role he works closely with TCH owner banks on opportunities and applications to address business related payment problems, and identify strategic priorities for this new payments infrastructure. 

Before joining The Clearing House, Jim spent 10 years with HSBC as a Product Executive in their Payments and Cash Management group.  During that period he served as the Global Product Head for their Payables business which had responsibility for faster payments initiatives as well as cash, check and ACH payment products worldwide.  Before joining HSBC, he spent 15 years with JPMorgan Chase in a variety of cash and treasury management roles.  Mr. Colassano holds Masters Degrees in Banking and Finance from Pace University.