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Independent Community Bankers of America Applauds Fed on Real-Time Payments Decision

Aug 05, 2019 - Targeted News Service

The Independent Community Bankers of America issued the following news release:

The Independent Community Bankers of America(R) (ICBA) today applauded the Federal Reserve for its decision to develop a real-time payments system--a longtime ICBA priority. The Fed system will ensure universal access to real-time payments, avoid a megabank monopoly, and encourage innovation that will benefit consumers nationwide.

"ICBA and the nation's community banks strongly support the Fed's decision ...