Breaking Banks Faster Money: What Does It Really Mean and What’s Next?
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Feb 19, 2026 David Watson, President and CEO of The Clearing House, who runs major U.S. payment rails, and Dominic Venturo, Chief Digital Officer at U.S. Bank, a payments and digital banking strategist. They explore rapid payment rails like RTP, shifts from consumer to treasury use cases, merchant and gig-worker settlement advantages, the role of stablecoins and tokenization, and how rails, data standards, and AI reshape money movement.
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Checks Still Arrive In 2020s Mailboxes
- Dominic and others still get checks in the mail from insurers and refunds despite long-standing predictions of their disappearance.
- Checks persist in B2B procurement and some consumer flows, keeping paper remittance alive.
Embedded Trust Drives Instant Payments
- Real-time rails like Zelle and RTP moved trillions because they were trusted and embedded inside banks.
- Immediate availability and trust unlocked many new consumer and business use cases at scale.
Explosive Growth From 24/7 Settlement
- RTP value grew nearly 500% in one year and settled about $1.5 trillion last year.
- Growth is concentrated in use cases that demand 24/7 availability and faster settlement timing.