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FedNow rollout set for May-July

The Federal Reserve said it plans to roll out its FedNow instant payments service between May and July of next year.

Aug 30, 2022
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Article
Payments Instant Payments

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

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.

Jul 13, 2022
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Article
Interchange Payments

CFPB initiates review of credit card late fees

The Consumer Financial Protection Bureau issued an advance notice of proposed rulemaking to reopen CARD Act rules that regulate how much financial firms can charge in credit card late fees.

Jun 23, 2022
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Article
Compliance Payments

Payments One Credit Enhances the Small Business & Commercial Card Experience

Small business and commercial card payments are an exciting growth and relationship opportunity for community banks. Both small business and commercial card types hold strong value and the size and...

Jun 22, 2022
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Article
Payments

Building a Commercial Card Program – A Missouri Community Banker Weighs In

When Chad King, director of business services at $3.5 billion-asset First State Community Bank in Farmington, Mo., came to the bank nearly a decade ago, they charged him with setting up merchant...

Jun 22, 2022
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Article
Payments

Visa SMB Pulse Payment Outlook and Trends

A recent Visa commissioned survey provides insights into credit usage by small- to mid-sized businesses (SMBs) in the United States.

Jun 22, 2022
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Article
Payments

Instant Payments for Small Businesses: Low Hanging Fruit

If you have not read ICBA Bancard CEO Tina Giorgio’s recent blog on instant payments for small businesses, it is definitely worth reading. In the blog, Tina includes some key stats that effectively...

Jun 22, 2022
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Article
Payments Instant Payments

Buy Now, Pay Later Continues Notable Growth as BNPL Fraud Increases

Buy Now, Pay Later (BNPL) quickly rose to become an alternative payment staple during the pandemic, appealing to millennials and consumers wanting to get that ‘longed for’ purchase or just make...

Jun 22, 2022
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Article
Payments