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Main Street Matters Blog

Find out what's happening in communities across America, from grassroots advocacy efforts, to fintech innovations and everyday successes of Main Street banks.

Main Street Matters

Recent Blog Posts

Why Small Businesses See a (Use) Case for Instant Payments

Apr 27, 2022
According to the Federal Reserve, nine in 10 businesses (or 29.25 million) expect to be able to send and receive instant payments by 2023. Fortunately, in many cases, community-based financial institutions have begun the process to meet these needs.

Merchants and Consumers Benefit from Credit Card Rewards Programs

Apr 20, 2022
The first rewards credit card was introduced by American Airlines in 1934 to help it sell tickets. Ninety years later, merchants accepting credit cards and issuing co-branded rewards cards continue to create value for consumers and businesses.

Four things to know about faster and instant payments

Apr 12, 2022
Consumers and businesses are increasingly using payment platforms that allow them to pay or transfer money faster than ever before, with U.S. faster payments transactions topping $900 billion in 2020.

As Payments Grows in Importance, ICBA Actively Engages Key Policymakers

Apr 5, 2022
The importance of experienced advocacy representation of community banks’ payments needs has never been greater, which is why the ICBA Payments and Technology Policy team has imbedded resources into myriad decision-making boards, committees, and standards-setting bodies.

Three Post-Pandemic Payments Trends and What They Mean for Community Banks

Mar 29, 2022
The pandemic has clearly had a lasting impact on customers’ payment behaviors, marked by an unprecedented rise in ecommerce transactions, projected to reach $8.3 trillion by 2025. Amidst this sea of change, community banks are asking, “What does this shift mean for my payments strategy?”

Regulators Tout Responsible Innovation, Collaboration at ICBA ThinkTECH Event

Mar 24, 2022
Bank innovation continues to be a central focus for regulatory agencies. From the launch of innovation offices and office hours to policy statements encouraging innovative approaches, regulators have embraced—and now expect—new forms of responsible innovation. Often, this innovation relies upon strategic bank-technology collaborations.

What’s Next in the Stablecoin Debate—and What it Means for Community Banks

Mar 22, 2022
While stablecoins have drawn increased scrutiny from policymakers in Washington, the policy response has only just begun. Here’s a look at the policy outlook and what it means for community banks.

The Year of Hiking Cautiously: What a New Cycle of Interest Rate Hikes Mean for Community Banks

Mar 17, 2022
The Federal Reserve recently took a major step toward curbing inflation by raising the effective federal funds rate by 25 basis points. Here’s a look at what this means for community banks and local communities.

As Washington targets overdraft, community banks remain customer-focused

Mar 16, 2022
Officials in Washington have in recent months increased their focus on overdraft programs and policies. With community banks already subject to strict overdraft regulations and offering overdraft services designed to meet the demands of their customers, ICBA and community bankers are fully engaged in the debate.

Stablecoin Expansion Raises Policy Questions in Washington and on Main Street

Mar 14, 2022
The volume of stablecoins in circulation has grown rapidly in recent months, drawing increased attention from policymakers and the media. Here’s a breakdown of where this increasingly significant market stands and how community banker concerns align with those in Washington.