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

Complimentary central bank digital currency webinar tomorrow

Oct 25, 2021 | NewsWatch Today
ICBA is hosting a complimentary one-hour webinar at 11 a.m. (Eastern time) tomorrow, Oct. 26, to provide ICBA members with foundational knowledge of central bank digital currencies.

CFPB launches inquiry into Big Tech payments platforms

Oct 22, 2021 | NewsWatch Today
The Consumer Financial Protection Bureau issued a series of orders to collect information on the business practices of large U.S. tech companies that operate payments systems.

Top stablecoin issuer fined $41M over reserve claims

Oct 18, 2021 | NewsWatch Today
The Commodity Futures Trading Commission fined Tether, the largest stablecoin issuer, $41 million for misleading claims that its U.S. dollar token was fully backed by reserves.