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

Nacha expanding spot checks of ACH Contact Registry info

Oct 10, 2023 | NewsWatch Today
Nacha encouraged financial institutions to ensure their information in the ACH Contact Registry is correct and up to date.

ICBA urging outreach on 1071, credit card legislation

Oct 3, 2023 | NewsWatch Today
ICBA continues urging community bankers to reach out to their lawmakers on two key initiatives pending in Congress.

Central bank group says CBDC experiment successful

Sep 29, 2023 | NewsWatch Today
The Bank for International Settlements said an experiment showed that wholesale central bank digital currencies can be used to facilitate cross-border trading and settlement between financial institutions.