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

Senate preps for vote on resolution to reverse 1071 rule

Sep 27, 2023 | NewsWatch Today
With the Senate set to act as soon as this week on a resolution to block the Consumer Financial Protection Bureau’s Section 1071 rule, ICBA is urging community bankers to urge their senators to support the measure.
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Mid-year Checkpoint on Digital Payments Transformation

Sep 25, 2023 | Payments Pulse
With over half of 2023 now firmly in the rearview mirror, we’re hoping community banks have put our digital payments transformation resources (icba.org/digital-transformation) to good use—leveraging our whitepaper and workbook to refresh (or create) a digital payments strategy and accompanying roadmap.
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Key stakeholders join opposition to credit card routing bill

Sep 25, 2023 | NewsWatch Today
A key member of the House along with major airlines and transportation unions last week announced their opposition to legislation that would impose credit card routing restrictions, which ICBA continues urging community bankers to speak out against.
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