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

Administration planning crypto charter proposal: report

Oct 4, 2021 | NewsWatch Today
The Biden administration’s upcoming report on digital assets will include recommendations on imposing bank-like regulation on crypto companies that issue stablecoins, The Wall Street Journal reported.

Public-private partnership key to CBDC: report

Oct 1, 2021 | NewsWatch Today
A future central bank digital currency system would need to involve both public and private actors to ensure interoperability with the broader payment system, according to new reports from the Bank for International Settlements.

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.