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

Hsu: OCC has concluded fintech charter review

Nov 4, 2021 | NewsWatch Today
The OCC has concluded its review of bank charter applications and crypto-related interpretative letters and will be communicating its findings in the coming weeks, Acting Comptroller of the Currency Michael Hsu said.

Independent Banker focuses on faster payments

Nov 3, 2021 | NewsWatch Today
This month’s ICBA Independent Banker magazine focuses on the race for faster payments.

Regulators recommend bank-like rules for stablecoins

Nov 2, 2021 | NewsWatch Today
The President’s Working Group on Financial Markets issued a long-awaited report spotlighting regulatory gaps in overseeing stablecoins and recommending legislation to implement a federal regulatory framework.