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

OCC’s Hsu addresses key stablecoin policy considerations

Apr 11, 2022 | NewsWatch Today
Acting Comptroller of the Currency Michael Hsu identified three key policy issues critical to understanding and shaping the stablecoin system: stability, interoperability, and separability.

Treasury Secretary Janet Yellen Speech on Digital Assets Reflects ICBA Priorities

Apr 7, 2022 | Press Release
Independent Community Bankers of America President and CEO Rebeca Romero Rainey issued the following statement on Treasury Secretary Janet Yellen’s remarks on digital assets.

ICBA backs bills restricting U.S. CBDC, FedAccounts

Apr 5, 2022 | NewsWatch Today
ICBA expressed support for Senate and House legislation to restrict the Fed from offering a central bank digital currency or direct FedAccounts to consumers.