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

ICBA urges Congress to join debate over payments charter

Oct 16, 2020 | NewsWatch Today
ICBA and other groups this week urged Congress to get involved in the OCC's efforts to grant commercial companies like Amazon or Facebook a national payments charter.

Preserving the Integrity of the Bank Charter: The Community Bank Perspective

Sep 29, 2020 | Letters to Regulators | NewsWatch Today | Testimony
Community banks welcome technological innovation, but we must also recognize that technological change underscores the importance of a robust legal framework to ensure consumer protection as well as the safety and soundness of our institutions.

ICBA to Fed: Speed Up FedNow Launch

Sep 10, 2020 | Press Release
The Independent Community Bankers of America today called on the Federal Reserve to accelerate implementation of its FedNow real-time payments service.