PORTFOLIO Put your payments strategy on the fast track Payments The pace of change of realtime payments technology and infrastructure has only gotten quicker in the past year. Here's what you need to know about what's changing and what resources exist to help your community bank adopt new payments technology. By Colleen Morrison he race to faster payments accelerates. Those players with skin in the game-the Federal Reserve, NACHA, The Clearing House, card networks and select fintech providers, among others-are working to expedite the exchange of funds between end users. 16 Q ICBA Independent Banker Q July 2019 T But what is pushing the pace? Everything points to customers. In today's culture of immediate gratification, businesses and consumers hold real-time expectations, especially when it comes to their payments. The Clearing House's RTP network is one solution that meets that need. " The RTP network has built-in functionality that gives community banks the ability to offer commercial and small-business clients payable and receivable capabilities that are competitive with the most sophisticated cash management products in the market, " says Steve Ledford, senior vice president of products and strategy for The Clearing House. Quick stat 61% of firms say real-time payments would improve payroll operations Source: PYMNTS.comhttp://www.PYMNTS.com