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

President Trump creates crypto council, bans CBDC

Jan 24, 2025 | NewsWatch Today
President Donald Trump signed an executive order that creates a working group on digital assets markets “to support the responsible growth and use of digital assets, blockchain technology, and related technologies across all sectors of the economy.”

ICBA Urges Effective Crypto Policies That Provide Clarity for Community Banks

Jan 17, 2025 | Press Release
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey today released the following statement on reports that President-elect Donald Trump is planning to issue an executive order on digital assets.

ICBA: New ACH proposals are burdensome, risky

Dec 17, 2024 | NewsWatch Today
ICBA said it opposes the addition of a fourth daily same-day Automated Clearing House processing window because it would be burdensome for community banks by adding late-day operational stress, accounting challenges, and settlement risk.