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

Basel Committee moves forward on crypto standards

Jul 5, 2024 | NewsWatch Today
The Basel Committee on Banking Supervision announced that it has reviewed the comments on its proposed crypto asset exposure disclosure and amendments to its standard on banks’ exposure to crypto assets.

Survey: Almost all central banks are researching CBDC

Jun 17, 2024 | NewsWatch Today
Nearly all central banks are researching whether to issue a central bank digital currency, according to a Bank for International Settlements survey.

SEC warns investors about crypto fraud

May 30, 2024 | NewsWatch Today
The Securities and Exchange Commission issued an investor alert on how fraudsters use cryptoassets to lure victims and hide their identities, which makes recovering stolen funds more difficult.