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

Chairman's Column: Asking the Right Questions

Mar 30, 2022 | Payments Pulse
As we come to the end of the first quarter of 2022, we’re still in the throes of finding our “new normal,” which is shaping everything from our branch strategy to product innovation and beyond. There are several issues deserving of our focus, but for many of us, instant payments has risen to become a necessary priority.

ICBA Summary of President Biden’s Executive Order on Digital Assets

Mar 16, 2022 | News
On March 9, 2022, President Joe Biden signed an executive order that outlines the administration’s strategy to address cryptoasset risks, develop a framework to promote responsible innovation and competition with digital assets, and conduct more research on the potential impacts of a digital dollar.

ICBA Examining Executive Order on Digital Assets and Its Impact on Community Banks and Consumers

Mar 9, 2022 | Press Release
Independent Community Bankers of America President and CEO Rebeca Romero Rainey issued the following statement on the White House’s executive order on digital asset risks and opportunities.