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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.
June 18, 2021
Escalating attacks against critical infrastructure are bringing renewed focus to the role of cryptocurrencies in facilitating criminal activity, which has implications for community banks, ICBA’s Brian Laverdure writes in a new Main Street Matters post.
Considering Crypto: While policymakers work to tackle crypto’s role in ransomware, ICBA is calling for harmonized regulations to ensure strong, clear, and consistent oversight of cryptocurrency service providers, Laverdure writes. Read the post.