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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.
May 04, 2020
Washington, D.C. (May 4, 2020)—ICBA Bancard,® the payment services subsidiary of the Independent Community Bankers of America® (ICBA), today announced that Octavia Washington has joined as assistant vice president and operations analyst. In this role, she will oversee creation and maintenance of operational procedures and reporting for ICBA Bancard.
“We’re pleased to welcome Octavia, a talented and dedicated professional to the ICBA Bancard family,” ICBA Bancard President and CEO Tina Giorgio said. “Her experience and knowledge of community bank operations will be of great service in helping to meet the needs of the nation’s community banks and the evolving payment needs of their customers.”
Washington joins ICBA Bancard from Sandy Spring Bank, where she served as card systems and fraud investigations team lead and was responsible for the bank’s debit card and BIN maintenance, compliance with applicable rules and regulations, and processing of card claims.
She holds a Bachelor of Arts in business administration and management from Sojourner Douglass College.
About ICBA Bancard
ICBA Bancard® is the wholly owned payment services subsidiary of the Independent Community Bankers of America. ICBA Bancard’s community bank issuers generated $31.6 billion in sales volume in 2019 and are ranked collectively as the 24th largest credit card portfolio in the United States. ICBA Bancard enables thousands of community banks to provide competitive credit card, debit card, ATM and merchant processing solutions. The company also provides exclusive services to issuers including its Fraud Loss Protection Plan, marketing support, and product education. For more information, visit www.icbabancard.org.
About ICBA
The Independent Community Bankers of America® creates and promotes an environment where community banks flourish. With more than 50,000 locations nationwide, community banks constitute 99 percent of all banks, employ nearly 750,000 Americans and are the only physical banking presence in one in five U.S. counties. Holding more than $5 trillion in assets, nearly $4 trillion in deposits, and more than $3.4 trillion in loans to consumers, small businesses and the agricultural community, community banks channel local deposits into the Main Streets and neighborhoods they serve, spurring job creation, fostering innovation and fueling their customers’ dreams in communities throughout America. For more information, visit ICBA’s website at www.icba.org.
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