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

As feds report on digital assets, ICBA poll suggests consumer skepticism

Sep 19, 2022 | NewsWatch Today
Following the Biden administration’s release of reports on digital assets policy, ICBA released new polling conducted by Morning Consult indicating consumers support a regulatory framework for digital assets and are skeptical of the creation of a U.S. central bank digital currency.

Article, campaign spotlight harmful impact of Durbin Amendment expansion

Sep 19, 2022 | NewsWatch Today
ICBA-opposed legislation to create new credit card routing mandates that expand on Durbin Amendment payments interventions would dramatically affect credit card rewards programs, according to a new report from The Points Guy.

As Feds Report on Digital Assets, New ICBA Polling Points to Consumer Skepticism with Crypto, CBDC

Sep 17, 2022 | Press Release
The Independent Community Bankers of America (ICBA) released new polling conducted by Morning Consult indicating consumers support a regulatory framework for digital assets and are skeptical of the creation of a U.S. central bank digital currency.