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 Bancard Launches Digital Payments Strategy Guide

Sep 9, 2020 | Press Release
ICBA Bancard, the payments services subsidiary of ICBA, announced the launch of its interactive tool to help its community bank clients create a custom digital payments strategy in support of their small business customers.

Fed announces details of real-time payments service

Aug 7, 2020 | NewsWatch Today
The Federal Reserve Board released details of its forthcoming FedNow real-time payments service, which it is seeking to launch in 2023 or 2024.

ICBA opposes OCC talk of narrow-purpose payments charter

Jul 30, 2020 | NewsWatch Today
ICBA and other groups expressed opposition to the OCC's recent discussions to offer a narrowly focused payments charter.