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, groups request Treasury comment extension on GENIUS Act

Sep 25, 2025 | NewsWatch Today
ICBA and other groups called on the Treasury Department to extend the 30-day comment period for its advance notice of proposed rulemaking on the implementation of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act.

Feds prepare for Sept. 30 transition from paper checks

Sep 24, 2025 | NewsWatch Today
The federal government launched an updated webpage with information on its Sept. 30 transition away from issuing paper checks for most federal payments, while the IRS said it will publish guidance before the 2026 filing season begins.

Nacha to automate ACH audit proof process

Sep 15, 2025 | NewsWatch Today
Nacha announced that, starting next month, the process of requesting proof of an ACH Rules compliance audit will be automated through its Risk Management Portal.