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

Nacha ACH modernization rules effective next month

Aug 25, 2021 | NewsWatch Today
Nacha “Meaningful Modernization” changes to improve and simplify the ACH user experience are scheduled to take effect next month.

ICBA to Fed: Analyze Impact of Interchange Updates Before Finalizing Changes

Aug 11, 2021 | Press Release
ICBA today said the Federal Reserve Board should not update debit card interchange regulations without first fully analyzing the effects of the proposed changes on consumers and financial institutions.

OCC, SEC discuss the state of cryptocurrency

Aug 4, 2021 | NewsWatch Today
In separate events, Securities and Exchange Chairman Gary Gensler and Acting Comptroller of the Currency Michael Hsu discussed efforts underway to adapt to the digitization of banking and finance.