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

Past innovations offer insights on instant payments: blog

May 24, 2023 | NewsWatch Today
A new blog post from ICBA Bancard President and CEO Tina Giorgio reviews the evolution of digital payments and lessons for the current conversation about instant payments.

Global securities watchdog proposes guidelines for crypto regulation

May 24, 2023 | NewsWatch Today
The International Organization of Securities Commissions published a consultation report with its proposed policy recommendations for regulating crypto markets as securities.

Wholesale CBDC could speed cross-border payments: N.Y. Fed report

May 22, 2023 | NewsWatch Today
A wholesale central bank digital currency could enable faster, simultaneous, and safer cross-border payments, according to a new report from the Federal Reserve Bank of New York and the Monetary Authority of Singapore.