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
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Categories : Payments
Payments Access

Letters and Testimonies

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

Payments Strategy Guide

Apr 7, 2021, 11:55 AM
Title : Payments Strategy Guide
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Categories : Payments
Payments
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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
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Categories : ICBA Education
Online Training
Related pages : Online Training

Payments News

Agencies announce crypto-related charges with executive order on deck

March 09, 2022

The Securities and Exchange Commission and Commodity Futures Trading Commission announced separate charges related to digital asset-related fraud.

SEC: The SEC charged siblings with defrauding thousands of retail investors on crypto trading platforms out of more than $124 million using a digital token worth a fraction of what they claimed.

CFTC: The CFTC charged several defendants with fraud for operating bitcoin-related Ponzi schemes, fraudulently soliciting more than $44 million in investments, and misappropriating millions of dollars.

Executive Order: The charges come as Washington debates a broader legal and regulatory framework for digital assets, with the Biden administration expected to issue an executive order on crypto as soon as today.

ICBA Position: In a written statement for a Senate hearing last month, ICBA reiterated its call for policymakers to take a comprehensive regulatory approach to digital assets, noting that community bank participation will help mitigate crypto risks.