The Clearing House Annual Conference

Duncan Douglass will be a panelist on “A One-Year Assessment of Faster Payments: Your Life is in Real-Time—Is Your Bank?” presented during The Clearing House's Annual Conference.

The panel will focus on the arrival of real-time payments in the U.S. a year ago with the introduction of the RTP^® system, the first new U.S. payments rail to be introduced in over 40 years. The RTP® system enables the movement of money between financial institutions in seconds and provides a robust messaging and data handling capability, which, taken together, will power smarter, more precise payment services. Through these capabilities, the RTP^® system is expected to benefit financial institution customers with new efficiencies, including improved cash flow management, greater financial control and better operational decision-making. This panel will review the significance of the RTP^® system, what it means for financial institutions and their customers, and the payments system more broadly.