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

How Expanding the Durbin Amendment Would Further Harm Community Banks and Their Customers

Mar 7, 2022
As the debate proceeds, ICBA is reminding policymakers that the Durbin Amendment has distorted the debit card and consumer checking markets to the detriment of community banks and consumers nationwide.

ThinkTECH Accelerator Showcase: Taking Innovation to the Profitable Next Level

Mar 4, 2022
“There is only one threat, and it’s inaction,” said The Venture Center’s Wayne Miller in his opening remarks at the ThinkTECH Accelerator Showcase at ICBA LIVE. That set the tone for the session, where each fintech in the cohort presented not only their solutions but emphasized the results behind them.

How the 8-Digit BIN Standard Impacts Your Community Bank

Feb 17, 2022
In less than two months, the International Standards Organization (ISO) standards update for 8-digit Bank Identification Numbers, or BINs, takes effect. This new standard means that card processors must be able to accommodate and manage transactions using 8-digit BINs.

New Federal Reserve Papers on CBDC: Key Takeaways for Community Banks

Feb 16, 2022
The Federal Reserve Board recently released its long-anticipated report on how the U.S. might advance towards an “age of digital transformation” with a future central bank digital currency (CBDC).

ICBA ThinkTECH Accelerator Selection Committee: “We need to keep innovating.”

Jan 25, 2022
It’s hard to believe that we recently kicked off our fourth ThinkTECH Accelerator and even more astonishing that the caliber of companies applying to help community banks’ greatest pain points continues to improve.

A Seat at the Payments Table: How Bancard Is Working for Community Banks

Jan 24, 2022
The average person spends nearly two and a half hours on social media per day, so it’s no wonder social payments have started to infiltrate the financial services industry.

Three Reasons First-Time Registrations are Spiking for ICBA LIVE 2022

Jan 21, 2022
With time ticking down until ICBA LIVE, schedules are solidifying, speeches are taking shape, details are firming up, and hotel rooms are filling up (not to worry, we just added more, but space is limited, so book now). The energy and momentum around coming together in San Antonio February 27 – March 3 is palpable.

Checklist: Questions to Ask When Integrating with Fintechs

Jan 4, 2022
As more community banks engage with fintechs to support their business plans, due diligence continues to become an even bigger piece of the puzzle. While every bank is different there are several questions every community bank should consider as they enter into these agreements.

Why Core Providers Attend the ThinkTECH Accelerator—And Why It Matters

Jan 4, 2022
The third quarter of 2021 yielded the second-highest quarter on record for fintech financing, up 147% over the previous year. Despite this growth, a recent analysis by EY research of 45 banks working with fintechs revealed only one-quarter had deep engagement due to “barriers to collaboration.”

Is Your Community Bank Watching Social Payments? Five Questions to Guide Your Path Forward

Dec 14, 2021
The average person spends nearly two and a half hours on social media per day, so it’s no wonder social payments have started to infiltrate the financial services industry.