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

‘Buy now, pay later’ surge deflates merchant interchange push

Jul 13, 2022 | NewsWatch Today
While merchants are urging regulators to expand the Durbin Amendment, the recent surge of “buy now, pay later” is deflating their interchange arguments, according to ICBA’s latest blog post.
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Treasury’s Liang raises prospect of nonbank stablecoin model

Jul 8, 2022 | NewsWatch Today
Treasury Under Secretary for Domestic Finance Nellie Liang this week explored the appropriate regulatory structure to address stablecoin risks.
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ICBA Urges Policymakers to Consider Risks of Crypto, Central Bank Digital Currency

Jun 29, 2022 | Press Release
The Independent Community Bankers of America (ICBA) today called on the Commerce Department to recognize the risks posed by digital assets — including a U.S. central bank digital currency — as policymakers consider a regulatory framework.
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