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

Fed hosting FedNow town hall this month

Aug 11, 2023 | NewsWatch Today
The Federal Reserve said it is hosting a town hall meeting this month on the FedNow Service.

Fed updates policy on supervising stablecoins, novel activities

Aug 9, 2023 | NewsWatch Today
The Federal Reserve Board released additional information on its program to supervise novel activities in the banks it oversees, including stablecoin activity.

Same Day ACH continues expansion

Jul 26, 2023 | NewsWatch Today
The value of Same Day ACH payments grew 51.7% in the first half of 2023 from a year earlier, while payments volume rose 13.7%, Nacha reported.