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

SEC warns investors about crypto fraud

May 30, 2024 | NewsWatch Today
The Securities and Exchange Commission issued an investor alert on how fraudsters use cryptoassets to lure victims and hide their identities, which makes recovering stolen funds more difficult.

ICBA Commends House Passage of Bill Barring Creation of U.S. Central Bank Digital Currency

May 23, 2024 | Press Release
The Independent Community Bankers of America (ICBA) today commended members of the House of Representatives who successfully voted to pass ICBA-advocated legislation that would restrict the ability of the federal government to introduce a U.S. central bank digital currency.

ICBA Commends House Passage of Bill Barring Creation of U.S. Central Bank Digital Currency

May 22, 2024 | Press Release
The Independent Community Bankers of America (ICBA) today commended members of the House of Representatives who successfully voted to pass ICBA-advocated legislation that would restrict the ability of the federal government to introduce a U.S. central bank digital currency.