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

ICBA Urges Effective Crypto Policies That Provide Clarity for Community Banks

Jan 17, 2025 | Press Release
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey today released the following statement on reports that President-elect Donald Trump is planning to issue an executive order on digital assets.

ICBA: New ACH proposals are burdensome, risky

Dec 17, 2024 | NewsWatch Today
ICBA said it opposes the addition of a fourth daily same-day Automated Clearing House processing window because it would be burdensome for community banks by adding late-day operational stress, accounting challenges, and settlement risk.

Report: Most fraud complaints involve crypto

Dec 13, 2024 | NewsWatch Today
Most fraud-related complaints involve fraudulent crypto investments initiated through social media contacts that later develop into relationship confidence scams, according to the Securities and Exchange Commission.