Faster 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

Payments council releases instant payments operational guide

Oct 13, 2023 | NewsWatch Today
The U.S. Faster Payments Council released a new resource for banks working to implement instant payments.

Fed hosting FedNow town hall this month

Aug 11, 2023 | NewsWatch Today
The Federal Reserve said it is hosting a town hall meeting this month on the FedNow Service.

ICBA Urges Fed to Accelerate Flow of FedNow Information

Dec 13, 2021 | Press Release
The Independent Community Bankers of America (ICBA) asked the Federal Reserve to accelerate the flow of information about the FedNow instant payments service to ensure community banks have the data they need to maximize participation ahead of the 2023 launch.