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

Ransomware renewing agency crypto response: blog

Jun 18, 2021 | NewsWatch Today
Escalating attacks against critical infrastructure are bringing renewed focus to the role of cryptocurrencies in facilitating criminal activity, which has implications for community banks, ICBA’s Brian Laverdure writes in a new Main Street Matters post.

Basel regulators begin vetting crypto capital rules

Jun 11, 2021 | NewsWatch Today
The Basel Committee on Banking Supervision published a public consultation document with preliminary proposals for the prudential treatment of banks' cryptoasset exposures.

Fed outlines instant payments fraud considerations

Jun 10, 2021 | NewsWatch Today
The Federal Reserve released an article on fraud management considerations to evaluate when preparing for instant payments