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

Latest on crypto: terrorism sanctions, federal charges

Mar 27, 2024 | NewsWatch Today
Federal officials announced a new round of legal actions related to the use of cryptocurrencies for illicit purposes.

Swift says experiment shows CBDC use cases

Mar 26, 2024 | NewsWatch Today
The Swift financial transactions and payments network said its latest experiment with a central bank digital currency successfully demonstrated the use of CBDCs in digital trade, payments, and tokenized foreign-exchange and asset networks.

ICBA requests federal records on CBDC authority

Mar 25, 2024 | NewsWatch Today
ICBA filed a Freedom of Information Act request for federal records related to whether legislative changes are required to issue a U.S. central bank digital currency.