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 seeks participants for cross-border payments group

April 22, 2025

ICBA is seeking 12-15 community bankers to join its working group on cross-border payments.

Details: Participants will help identify specific pain points that community banks and their customers face with cross-border payments. The working group will meet monthly to:

  • Identify specific pain points or concerns (such as technical and AML/BSA issues).

  • Develop ideas to improve the cross-border payment experience.

  • Support ICBA advocacy on issues related to cross-border payments.

ICBA Efforts: ICBA's Brian Laverdure, who was recently appointed to the Financial Stability Board’s Legal, Regulatory, and Supervisory Task Force for Cross-Border Payments, said the new working group will help ICBA maximize this opportunity to voice community banks’ views on cross-border payments.

Apply: Community bankers interested in applying can contact Aaron Stetter at aaron.stetter@icba.org. Learn more about the working group.