Main Street Matters Blog

Find out what's happening in communities across America, from grassroots advocacy efforts, to fintech innovations and everyday successes of Main Street banks.

Main Street Matters

Faster Payments Have Arrived — Now What About Competition, Fraud, and Strategy? Part 2

Jul 12, 2021
Here's part two of a continuing conversation on faster payments, diving into Same Day ACH, competition, fraud, and strategic vision.

LIBOR Transition Heats Up for Community Banks as Deadline Nears

Jul 7, 2021
With the London Interbank Offered Rate, or LIBOR, set to be largely discontinued in a few months, federal regulators are increasingly vocal about the need for financial institutions to be ready for the transition.

Digital Dollar Design Specifics Community Bankers Should Know

Jul 7, 2021
As the globe focuses on the rise of digital assets, the Federal Reserve is cautiously weighing whether to build a central bank digital currency (CBDC), which raises complex policy and technical considerations.

How Community Banks Can Prepare for the End of Microsoft Internet Explorer

Jul 2, 2021
Microsoft is discontinuing its Internet Explorer browser in less than a year, requiring community banks and vendors to start preparing now.

Faster Payments Have Arrived — Now What?

Jun 17, 2021
Faster payments have arrived. Accelerated by the pandemic, the growth in digital and contactless payments has pushed consumer and business expectations toward the real-time movement of money.

Crypto Chronicles: Agencies Coordinate Crypto Approach Amid Ransomware Escalation

Jun 16, 2021
In the past several months, bad actors have escalated their attacks against critical infrastructure and industries. These actions are bringing renewed focus to the role of cryptocurrencies in facilitating criminal activity and helping foreign governments evade sanctions and to the resultant need for heightened regulatory intervention.

Three Ways Community Bankers Can Increase Their Innovative Thinking

Jun 11, 2021
According to the 2020 Global Innovation Barometer from GE, COVID-19 had a significant downward influence on innovation. However, community banks found themselves in a different category—increasing their innovative thinking during the pandemic.

How Community Banks Can Continue to Fight Elder Financial Exploitation and Abuse

Jun 7, 2021
The past year has been a trying time for our nation, particularly for America’s elderly population who were disproportionately impacted — both in terms of hospitalizations and deaths — from the coronavirus pandemic.

Operational risk resources to help community banks stay secure amid cyberattacks

Jun 3, 2021
In the wake of the high-profile cyberattacks on SolarWinds and Colonial Pipeline affecting national security and the everyday lives of Americans, cybersecurity has never been a more pressing concern to community banks.

Digital Dollar Digest: What Central Bank Digital Currency Architecture Means for Community Banks

Jun 3, 2021
CBDCs are taking center stage around the globe, with multiple research projects underway. As central banks lay the framework for digital currencies, how money movement is architected could have a significant impact on community banks.