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 issues long-awaited CBDC discussion paper

Jan 21, 2022 | NewsWatch Today
The Federal Reserve Board released a long-awaited discussion paper that examines the pros and cons of a potential U.S. central bank digital currency, or CBDC.

ACH Network volume rises 6.1% in Q4

Jan 21, 2022 | NewsWatch Today
ACH Network volume increased 6.1% in the fourth quarter of 2021 from a year earlier, Nacha reported.

OCC’s Hsu: Crypto regulation would support innovation

Jan 14, 2022 | NewsWatch Today
Acting Comptroller of the Currency Michael Hsu warned that stablecoins are at risk of experiencing the equivalent of a bank run and called for stricter regulation to promote stability.