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

Treasury crypto sanctions portend broad regulatory response

Sep 22, 2021 | NewsWatch Today
Financial regulators on Tuesday began cracking down on cryptocurrency exchanges and laid out significant concerns with digital assets.

Nacha ACH modernization rules effective next month

Aug 25, 2021 | NewsWatch Today
Nacha “Meaningful Modernization” changes to improve and simplify the ACH user experience are scheduled to take effect next month.

ICBA to Fed: Analyze Impact of Interchange Updates Before Finalizing Changes

Aug 11, 2021 | Press Release
ICBA today said the Federal Reserve Board should not update debit card interchange regulations without first fully analyzing the effects of the proposed changes on consumers and financial institutions.