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 : Payments
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 : Community Banker University
Online Training
Related pages : Online Training

Payments News

Op-ed: Crypto response must protect banking system stability

Nov. 22, 2022

The collapse of the FTX cryptocurrency exchange is a predictable example of the serious risks that digital assets pose, and policymakers should ensure new policies directed at the sector fully reflect its risks, ICBA President and CEO Rebeca Romero Rainey wrote in a new op-ed.

Crypto Flaws: On Medium, Romero Rainey said the latest in a long series of crypto failures validates what community banks have long warned—the crypto sector is fragile, prone to facilitating financial crime, entirely lacking in the protections available in the banking system, and ultimately a poor alternative to banking locally.

ICBA Recommendations: In the op-ed, Romero Rainey calls on policymakers to focus on crypto’s role in facilitating financial crimes, address decentralized finance, and ensure the traditional banking system continues to be a safe haven from the crypto sector’s instability.

FHFA Push: In a separate American Banker op-ed published last week, Romero Rainey said Federal Housing Finance Agency accounting standards that require banks to count losses that have not been realized in their capital calculations are threatening to cut off access to Federal Home Loan Bank advances, a key source of liquidity.