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 Access, Choice, and Governance

Apr 14, 2021, 10:22 AM
Title : Payments Access, Choice, and Governance
mainURLExternal :
Categories : Payments
Payments Access

Letters and Testimonies

Apr 9, 2021, 14:13 PM
Title : Letters and Testimonies
mainURLExternal :
Categories : ICBA Education
Letters and Testimony

Payments Strategy Guide

Apr 7, 2021, 11:55 AM
Title : Payments Strategy Guide
mainURLExternal :
Categories : Payments
Payments
Related pages :

Credit Card and Debit Cards, Card Regulation, and Other Related Topics

Mar 31, 2021, 15:44 PM
Title : Credit Card and Debit Cards, Card Regulation, and Other Related Topics
mainURLExternal :
Categories : ICBA Education
Online Training
Related pages : Online Training

Payments News

Treasury proposes crypto tax reporting requirements

May 21, 2021

The Treasury Department proposed tax reporting requirements on cryptocurrencies in a new report on the administration’s American Families Plan.

Reporting: Treasury said the proposed financial account reporting regime would cover cryptocurrencies and cryptoasset exchange accounts and payment service accounts that accept cryptocurrencies.

Transactions: As with cash transactions, businesses that receive cryptoassets with a fair market value of more than $10,000 would also be reported on, Treasury said.

More: A new Main Street Matters post from ICBA’s Brian Laverdure provides community bankers with a primer on Bitcoin and what it means for the financial services industry. Read the post.