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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.
March 30, 2022
ICBA’s latest blog post explores three post-pandemic payments trends and what they mean for community banks.
Details: The new post from ICBA Bancard President and CEO Tina Giorgio features a conversation with Amy Dawson of Visa Garage and Dave Fura of FIS about how shifting customer behaviors affect payment strategies.
Key Trends: The post discusses consumers’ demand for immediacy, the rise in digital wallet use, and the looming introduction of the payments “super app.”