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 Access, Choice, and Governance

Apr 14, 2021, 10:22 AM
Title : Payments Access, Choice, and Governance
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Categories : Payments
Payments Access

Letters and Testimonies

Apr 9, 2021, 14:13 PM
Title : Letters and Testimonies
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Categories : ICBA Education
Letters and Testimony

Payments Strategy Guide

Apr 7, 2021, 11:55 AM
Title : Payments Strategy Guide
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Categories : Payments
Payments
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Credit Card and Debit Cards, Card Regulation, and Other Related Topics

Mar 31, 2021, 15:44 PM
Title : Credit Card and Debit Cards, Card Regulation, and Other Related Topics
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Categories : ICBA Education
Online Training
Related pages : Online Training

Payments News

FSB concerned about lack of stablecoin regulation

Oct. 31, 2024

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.

Details: In an update to its G20 Crypto-Asset Policy Roadmap, the FSB said:

  • The continued growth of crypto markets and their increasing interlinkages with the traditional financial system could present systemic risks.

  • Cross-border crypto-asset activities that originate from offshore jurisdictions present elevated regulatory and supervisory challenges.

  • The prevalence of non-compliance with applicable laws and regulations significantly undermines efforts to implement international standards on crypto assets.

Background: The FSB recently told the G20 that more than half of jurisdictions expect to reach alignment with the FSB global regulatory framework for crypto-asset activities by 2025.

ICBA View: As lawmakers continue to debate a regulatory framework for cryptocurrency, the October Independent Banker magazine highlights how ICBA remains engaged to ensure that policymakers address the concerns of community banks.