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-supported anti-CBDC bill reintroduced

Mar 10, 2025 | NewsWatch Today
House Majority Whip Tom Emmer (R-Minn.) reintroduced ICBA-advocated legislation restricting the ability of the federal government to introduce a central bank digital currency. A similar bill passed the House during the last Congress.

ICBA: Stablecoin legislation must protect role of community banks

Feb 27, 2025 | NewsWatch Today
ICBA told Congress that any legislation establishing a regulatory framework for stablecoins must address stablecoin risks without disintermediating community banks.

Report: Romance scams grew 40% in 2024

Feb 14, 2025 | NewsWatch Today
Revenue from romance scams—also known as “pig butchering”—grew 40% last year and accounted for more than a third of all crypto-related scams, according to a report by Chainalysis.