Discover. Learn. Lead. With Richard G. Stewart. Start Here
Clearinghouse Technology — Why Every Thriving Industry Has One
Banking
The Automated Clearing House (ACH) lets competing banks move money under common rules and today, it handles billions of transactions each year.
Telecom & Networks
Inter-carrier exchanges make cross-network calls and data routing possible.
Every major system you trust runs on a clearinghouse.
Historic Pattern
When competing businesses agree on shared policies and cooperation (think of Uber/Airbnb), an industry is formed as the individual companies grow and scale.
​
ICH brings that same clearing house backbone to loyalty, everyday commerce, and digital payments, so added value is created across many players which can be tracked, shared, and trusted.
What ICH Does
ICH is a central data and processing hub. It ingests transaction events from participating platforms and merchants, matches them to people and programs, then via the RDE, it dissects, calculates, and disburses every party’s share: members, merchants, referrers, issuers/enrollers, program operators, even designated charities. And it generates reports for users, and the evidence trail auditors love.
How It Works
1. Capture: Normalize transaction data (merchant, member, amounts, context).
​
2. Dissect: Attribute roles (customer member, issuer/enroller, acquirer, referrers) and any charity selection.
​
3. Calculate: Apply program rules for cashback, Equity and VIP Points, referral income, donations, fees.
​
4. Settle & Prove: Trigger payouts, update ledgers, and publish itemized reports down to the penny on every transaction.
​
Net effect: One source of truth for who gets paid, when and why.
Why It’s Different
-
Open-loop by design: Works across merchants, channels, and processors like a network, not a silo.
-
Programmable value: Cash + digital points + equity rewards + donations and more on every transaction.
-
Multi-stakeholder model: Serves members, merchants, referrers, charities, issuers, and operators simultaneously.
-
Bank-grade discipline: Separation of duties, immutable logs, settlement, reconciliations, exportable reports.
Technology Now — and Next
AI-assisted anomaly detection and policy tuning.
Blockchain-secure logging for tamper-evident audit trails.
Spectrum-grade wireless integrations for decentralized capture of data where millions of small digital events require trusted, low-latency clearing.
Today: API connectivity, real-time event streams, role-based access, encryption in transit/at rest, GAAP-friendly ledgers, partner accessible dashboards.
​
Evolving stack:
WeSave and ICH
WeSave has an exclusive right to use ICH’s RDE for its open-loop loyalty program. WeSave’s marketplace sends transactions to ICH and ICH returns settlements, rewards, and statements… the math and proof that transform everyday purchases into shared ownership and prosperity.
The Bottom Line
Clearinghouses turned banking into a national network. ICH is doing the same for retail commerce and loyalty so WeSave’s wealth empowerment platform can share value, reward people fairly, prove it transparently, and help establish the future of commerce with an ownership-first economy.