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

Expanding Interchange Price Controls Would Put Fraud Protections at Risk

Jun 3, 2022
Maintaining strong risk-mitigation technologies has never been more important for the banking industry, but “big box” merchant lobbyists are attempting to disrupt advances in card fraud mitigation efforts.

How to Digitize the Community Bank Relationship Model

May 24, 2022
When it comes to community bankers’ technology to-do lists, 35% view investing in digitalization as their top business opportunity. We’ve clearly arrived at a tipping point where community bankers are not just talking about the digital experience, they are incorporating it into actionable plans.

ICBA Polling on Strong Community Bank Favorability Fuels Successful Capital Summit

May 19, 2022
To support community banker meetings with policymakers on top industry issues, ICBA released new polling data affirming the industry’s strong public favorability at the state and national levels.

How Community Bankers Association of Illinois Partnered with ICBA ThinkTECH Accelerator to Further Community Bank Innovation

May 18, 2022
Community Bankers Association of Illinois (CBAI) is no stranger to fintech collaborations, but the idea of helping shape fintech offerings tailored to community banks was too intriguing an idea to pass up.

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.