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 News

FATF: Stronger action needed to stem digital asset risks

Jun 27, 2025 | NewsWatch Today
The Financial Action Task Force said stronger action is needed to safeguard the integrity of the international financial system from the risks posed by virtual assets.

New BIS report raises concerns with stablecoins

Jun 25, 2025 | NewsWatch Today
The Bank for International Settlements said that while tokenization can enhance efficiency and open new possibilities in cross-border payments and securities markets, stablecoins pose a risk to financial stability and monetary sovereignty without regulation.

FATF: North Korea, crypto crime are major threats

Jun 23, 2025 | NewsWatch Today
The criminal use of cryptocurrency is a major concern and North Korea is the biggest threat, the Financial Action Task Force said.