NEWS on Payments

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Continue the Push on Real-Time Payments

Jul 29, 2019
19.07.24_Fed_ad_200pxICBA continues urging community bankers to support Federal Reserve involvement in real-time payments.

Community bankers can use ICBA’s Be Heard grassroots action center to call and email the Fed and Congress.

With the Fed considering whether to develop a real-time payments settlement system, ICBA's campaign in support of Fed involvement continues this week.

ICBA is sponsoring this week's Politico Morning Money newsletter after last week running ads in Politico and The Hill urging policymakers to stop the megabank monopoly on real-time payments.

In a letter last week to Fed Chairman Jerome Powell and an op-ed on Medium, ICBA President and CEO Rebeca Romero Rainey said the Fed is uniquely positioned to provide equitable access to real-time payments.

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