A new ICBA timeline details the debate over faster payments that culminated in this week's Federal Reserve announcement that it will develop a service to support real-time payments.

ICBA Bancard, the payments services subsidiary of ICBA, has been endorsed by the Idaho Bankers Association, marking the 39th state banking association to give its seal of approval to ICBA Bancard.

ICBA was featured in news coverage of the Federal Reserve's ICBA-advocated announcement that it will develop a service to support real-time payments.

ICBA and community bankers can take pride in knowing they left nothing on the field during the debate over Federal Reserve involvement in real-time payments, ICBA President and CEO Rebeca Romero Rainey wrote.

After years of ICBA-led advocacy on behalf of a faster payments system that ensures access and choice for community banks, the Federal Reserve said it will develop a service to support real-time payments.

ICBA today applauded the Federal Reserve for its decision to develop a real-time payments system—a longtime ICBA priority.

More than 90 percent of the 350 respondents to the Federal Reserve's faster payments request for comment said it should build a real-time gross settlement service, Fed Chairman Jerome Powell said.

Fiserv Inc. announced that it has completed its acquisition of First Data Corp.

ICBA continues urging community bankers to support Federal Reserve involvement in real-time payments.

ICBA reiterated its call for the Federal Reserve to develop its own real-time payments settlement system in a new letter to the Fed and an ad running today in Beltway publications.

ICBA today reiterated its call for the Federal Reserve to develop its own real-time payments settlement system to ensure universal access and avoid a megabank monopoly.

A Fed-operated real-time settlement system is needed to ensure universal access and to promote future payments innovations, ICBA President and CEO Rebeca Romero Rainey wrote in a new op-ed on Medium.

With the Federal Reserve closing in on its decision about whether to take a leadership role in faster payments, ICBA is urging community bankers to contact policymakers in support of Fed involvement.

ICBA is calling on community bankers to send messages to their district Federal Reserve Bank urging support for Fed leadership on faster payments.

Facebook continued to receive congressional blowback on its proposed Libra cryptocurrency during the second hearing of the week featuring Facebook executive David Marcus.

ICBA continued its advocacy for same-day ACH with a comment letter expressing strong support for a Federal Reserve Board proposal to extend operating hours.

Senators expressed serious concerns with Facebook's proposed Libra cryptocurrency during a hearing featuring Facebook executive David Marcus.

Policymakers should be extremely cautious about allowing Facebook to expand its reach into users’ financial data through the creation of its proposed Libra digital currency, ICBA told Congress.

ICBA called on policymakers to be extremely cautious about allowing Facebook to proceed with its proposed Libra digital currency.

ICBA’s push for Federal Reserve leadership on real-time payments continued bearing fruit during Fed Chairman Jerome Powell’s second straight day of congressional testimony.

Federal Reserve Chairman Jerome Powell told Congress that community banks are strongly pushing the agency to have a leadership role in faster payments.

ICBA briefed House Financial Services Committee staff on why the Federal Reserve should have a leadership role in faster payments.

TCM Bank, N.A., the credit card bank of ICBA Bancard®, which is the payments services subsidiary of ICBA, today announced the promotion of Kenneth Singh from controller to chief financial officer.

ICBA Bancard, the payment services subsidiary of ICBA, today announced Heather Sullivan as vice president of client relations.

Consumers last year were less likely to use cash and more likely to use payment cards than they were a year ago, according to a Federal Reserve survey.

ICBA called on the Consumer Financial Protection Bureau to continue exempting community banks from its final rule on remittance transfers.

ICBA Bancard, the payments services subsidiary of ICBA, announced today the election of Gregory Deckard, president, chairman and CEO of State Bank Northwest in Spokane Valley, Wash., as chairman of its board of directors.

ICBA President and CEO Rebeca Romero Rainey and ICBA Chairman Preston Kennedy urged the Federal Reserve System to operate a Real-Time Gross Settlement service in support of all financial institutions and their customers.

ICBA Bancard, the payment services subsidiary of ICBA, names executive vice president of operations and announces promotions in its relationship management department.

The Federal Reserve should operate a real-time settlement system to ensure access and choice for all financial institutions and customers, ICBA Chairman Preston Kennedy wrote in a new op-ed.

Account takeover fraud (ATO) continues to challenge consumers, businesses, and the financial services industry. This article examines today's ATO landscape and offers recommendations and protections for consumers, merchants, and financial institutions.

Finding a new vendor can be a test of your negotiation skills, especially when nearly everything in business is negotiable. Follow these 12 tips from ICBA's executive vice president and chief digital strategy officer, Prabash Shrestha, to glean his winning tips and strategies for vendor negotiation.

In the latest issue of Bancard Confidential, Kimball, Minnesota-headquartered Harvest Bank shares how it has leveraged ICBA Bancard's charitable giving platform to help support local non-profits and charitable organizations in the communities it serves.

Could a fingerprint or iris scan be the answer to consumer password fatigue? Perhaps. In China, several face-detecting technologies are being used to authorize payments, with the Alipay “Smile to Pay” mobile app among the most popular.

The time has come for community bank card issuers to begin ramping up their contactless payments strategy. More than half of the top 100 U.S. merchants are already contactless enabled and smaller merchants are also speeding to adopt contactless point-of-sale technology in a bid to improve the cusotmer experience.

ICBA Bancard’s Senior Vice President of Card and Payment Products, Julie Hanson, says that many times when she is discussing debit and credit card portfolio strategies with community bankers, they are unaware of the many core benefits that are baked into their Visa and Mastercard programs.

A Visa study examines how digital trends are reinventing consumer expectations. This shift in the ecosystem is driven by universal connectivity, prevalent social media use, the rise of Internet of Things (IoT) devices, and increasingly interactive user experiences along the entire customer journey and across all channels.

As more community banks look for ways to deliver innovative solutions to their customers, they will most likely have to find ways to work with financial technology companies.

Last month, Visa eliminated the use of static passwords for its Verified by Visa cardholder authentication service. Static passwords were once thought to be an easy and secure way to verify a consumer’s identity, but with more than 1.8 billion compromised accounts floating around on the Dark Web, these stolen credentials are now said to be responsible for more than 80 percent of all hacking-related breaches.

Community bankers raised more than $10,000 for the youth non-profit Project 150 with ICBA Bancard’s new charitable giving platform, powered by FIS at the ICBA Community Banking LIVE this past March. ICBA Bancard’s new charitable giving platform helps move charitable donations to the web and can help banks drive organic portfolio growth while raising awareness for qualifying local charities or disaster relief programs.

Mobile platforms for prepaid cards and omni-channel merchant capture are just a few of the innovative technologies community banks can leverage to establish traditional banking relationships with the unbanked or underbanked. Scalable cloud-based solutions make it affordable for even the smallest banks to compete with large banks and with nonbank financial services competitors, such as check cashers.