Payments

The payments landscape for community banks is changing rapidly as traditional payments converge with new instant payment systems and emerging cryptocurrencies. It is critical for Community Banks to maintain awareness of developments in the payments space to assess new opportunities, mitigate risks, and ensure that their payment strategy aligns with overall business plans.

Payments News

FSB concerned about lack of stablecoin regulation

Oct 31, 2024 | NewsWatch Today
The Financial Stability Board reiterated its calls for countries to regulate stablecoins due to concerns about users losing confidence in stablecoins, which could lead to runs on issuers.

Pew research: Americans don’t think crypto is safe

Oct 29, 2024 | NewsWatch Today
More than six in 10 Americans (63%) say they have little to no confidence that investing in, trading, or using cryptocurrencies is reliable and safe, according to the Pew Research Center.

Independent Banker: Faster payments don’t have to lead to faster fraud

Oct 25, 2024 | NewsWatch Today
Addressing real-time payments fraud requires a combination of techniques—there's no silver bullet—according to the latest Independent Banker magazine.