Payments

The payments landscape for community banks is changing rapidly as traditional payments converge with new instant payment systems and emerging cryptocurrencies. It is critical for Community Banks to maintain awareness of developments in the payments space to assess new opportunities, mitigate risks, and ensure that their payment strategy aligns with overall business plans.

Payments News

Nacha launches program for returning unemployment benefits

Jul 23, 2021 | NewsWatch Today Article
Nacha launched an opt-in program to facilitate the return and recovery of potentially fraudulent unemployment benefits originally paid by ACH credits.

CFPB cautions consumers on ‘buy now, pay later’

Jul 19, 2021 | NewsWatch Today Article
The Consumer Financial Protection Bureau recently published a blog post for consumers on buy-now-pay-later credit.

Blog: Faster payments have arrived — now what?

Jun 18, 2021 | NewsWatch Today Article
The pandemic has accelerated the implementation of instant payments and the need for community banks to have a strategy in place, according to the latest Main Street Matters post.