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

ICBA Strongly Opposes Gooden-Welch Credit Card Bill

Sep 20, 2022 | Press Release
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on the House introduction of the Credit Card Competition Act.

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.