logo
ICBA Payments and Visa Renew Partnership Supporting Community Bank Payments

ICBA Payments and Visa Renew Partnership Supporting Community Bank Payments

Business Wire16-07-2025
WASHINGTON--(BUSINESS WIRE)--ICBA Payments, a subsidiary of the Independent Community Bankers of America® (ICBA), today announced the renewal of its four-decade relationship with Visa. Together, the organizations are deepening their efforts to equip local financial institutions with the modern payment tools and support they need to grow and better serve the needs of their customers.
'This renewed collaboration reflects our shared commitment to enhancing the delivery of leading-edge payment products and services that align with the mission and model of community banking,' said Jacob Eisen, CEO of ICBA Payments.
A principal member for both credit and debit card programs, ICBA Payments has partnered closely together with Visa since its founding to provide community banks with access to secure, scalable payments solutions that strengthen their ability to compete in an increasingly complex marketplace.
Under the renewed partnership, ICBA Payments will continue its sponsored card programs with Visa—featuring contactless-enabled cards, tokenization for digital wallets, and seamless access to Visa's global network—alongside comprehensive program support, including cardholder communications, marketing and other operational services. The partnership also plans to expand – providing streamlined access to Visa Direct, Visa's real-time money movement platform, enabling community banks to deliver faster, more flexible payment experiences for consumers, small businesses and commercial clients.
'Visa is proud to be the trusted network for more than 80% of ICBA member banks,' said Bill Dobbins, senior vice president and head of U.S. enablement at Visa. 'Our longstanding partnership with ICBA Payments is grounded in our shared values and a deep belief in the power of local communities. Together, we're helping community banks deliver modern, secure financial experiences that drive economic opportunity and strengthen the neighborhoods they serve.'
As the 10th largest debit card issuer and the 29 th largest credit card issuer in the U.S. ICBA Payments represents over $43 billion in credit and debit sales, $913.4 million in outstandings and 10 million cards issued.
About ICBA Payments
ICBA Payments, a wholly owned subsidiary of the Independent Community Bankers of America® (ICBA), has been managing payments solutions for the nation's community banks since 1985. We help power the potential of ICBA members through payments-related innovation and education to help community banks navigate the payments ecosystem and select suitable offerings at favorable pricing—helping community banks compete and thrive. For more information, visit icbapayments.com.
About Visa
Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at Visa.com.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Keysight Enables Advanced Open RAN Solution Demonstrations at O-RAN Spring 2025 Global PlugFest
Keysight Enables Advanced Open RAN Solution Demonstrations at O-RAN Spring 2025 Global PlugFest

Business Wire

time4 minutes ago

  • Business Wire

Keysight Enables Advanced Open RAN Solution Demonstrations at O-RAN Spring 2025 Global PlugFest

SANTA ROSA, Calif.--(BUSINESS WIRE)-- Keysight Technologies, Inc. (NYSE: KEYS) showcased its Open RAN leadership in collaboration with global industry partners during the O-RAN Alliance Spring 2025 Global PlugFest. O-RAN Global PlugFests, co-sponsored by the O-RAN ALLIANCE, aim to accelerate Open RAN development through comprehensive testing and integration. The Spring 2025 event ran from February through May across 19 labs in Asia, Europe, and North America, organized around themes designed to advance the Open RAN ecosystem. Keysight's Open RAN Architect (KORA) solutions powered 11 multi-vendor integration test demonstrations in labs across several countries, validating real-world Open RAN deployments. O-RAN Energy Consumption, Efficiency, and Savings Testing As 5G networks scale, energy efficiency is critical for both cost reduction and environmental impact. Keysight contributed to multiple O-RAN energy efficiency test efforts, validating power-saving techniques across RIC, O-DU, and O-RU components. Rimedo Labs and Juniper Networks – Energy Efficiency Optimization testing: Keysight demonstrated Rimedo Labs' Cell On/Off Switching (COOS) xApp/rApp, and Traffic Steering (TS) xApp coordination on Juniper's Non-Real-Time (Non-RT) and Near-Real-Time (Near-RT) RIC at the i14y lab, together with consortium partners Deutsche Telekom and EANTC AG. This test used Keysight's RICtest solution for RAN simulation to validate optimized energy use based on Deutsche Telekom network data. Digital Catapult's Sonic and Xelera Labs – Energy efficiency testing: Keysight used its RuSIM and CoreSIM solutions to evaluate and analyze energy efficiency gains from Xelera's O-DU/O-CU accelerator card, using two different platforms, x86 and ARM, and aligned with ETSI TS 103 786, at Digital Catapult's SONIC Labs. Interesting insights emerged from this evaluation that will trigger further exploration and testing. Vodafone Central ORAN Lab and 1Finity Triple Band O-RU – Automated energy testing: Keysight conducted automated energy testing of 1Finity's Triple Band O-RU across various traffic load conditions (ETSI ES 202 706-1) using its E-Plane test suite at Vodafone Central ORAN Lab in Newbury. Rakuten Mobile, Rakuten Symphony and Quanta Cloud Technology (QCT) demonstrate energy savings at the Japan OTIC Lab: RF channel reconfiguration research has been conducted by Rakuten Mobile, Rakuten Symphony and QCT to validate energy savings for a complete end-to-end 4G mobile network lab demonstration setup. Energy savings have been achieved through RF channel reconfiguration rApp using real-time power measurement tools from the Japan OTIC lab which provides an independent and open interconnectivity verification environment to test and certify hardware including base station equipment. ONF/Aether and Rutgers University/WINLAB using the North American OTIC in the NYC Metro Area/East (COSMOS) – O-RU testin g: Keysight supported O-RU energy efficiency testing using its O-RU E-Plane testing solution. Demonstrations of Consistent and Repeatable Open Fronthaul Testing in Multiple Labs Consistent and repeatable open fronthaul testing is essential for validating disaggregated network components, ensuring vendor interoperability, and supporting scalable deployments. AERPAW OTIC – Repeatable test scenarios validation: At the Aerial Experimentation and Research Platform for Advanced Wireless (AERPAW) OTIC, Keysight, together with Open Air Interface and LITEON, validated repeatable test scenarios aligned with WG4 conformance goals using Keysight Open Radio Access Network Architect (KORA). Northeastern University Open6G, EURECOM, and Commonwealth Cyber Initiative (CCI) xG Testbed/Virginia Tech – Repeatable tests across different environment s: To further validate test repeatability across different environments, Northeastern University Open6G, EURECOM, and CCI xG Testbed/Virginia Tech collaborated with Keysight to conduct a test and integration focus group (TIFG) validation of the OpenAirInterface (OAI) CU/DU in end-to-end scenarios, using Keysight RuSIM and CoreSIM solutions in the two North American labs. These tests confirmed consistent results across multiple sites and test vendors, reinforcing the reliability of the O-RAN ecosystem. Northeastern University Open6G also performed additional End-to-end TIFG tests with multiple RU, DU, and CU partners. Open Fronthaul Transport Testing with Multiple O-RUs Reliable transport is the foundation for O-RAN performance, especially as xHaul networks face increasing congestion and impairment. Validating open fronthaul transport behavior under these conditions is key to ensuring stable, scalable, and standards-compliant deployments. European OTIC in Madrid hosted in the Telefónica Technology & Automation Lab – xHaul Transport Validation: Telefónica together with Keysight validated the robustness of commercial xHaul transport solutions using the AresOne 400G and Vision E400 platforms. By injecting controlled impairments, Keysight demonstrated realistic network emulation to support WG9 and TIFG E2E testing for O-RAN xHaul compliance at the European OTIC in Madrid hosted in the Telefónica Technology & Automation Lab. Auray Lab – End-To-End O-RAN Deployment: Keysight collaborated with LITEON and AERPAW OTIC from North Carolina State University (NCSU) to validate end-to-end O-RAN deployment using OAI O-DU/O-CU with LITEON O-RU. Leveraging Keysight KORA solutions, the demonstration showed the precision and interoperability of the U/C/S-Plane functionalities in a real-world deployment scenario. Richard Chiang, Smart Life Applications SBU GM, LITEON Technology, said: 'We are honored to collaborate with Keysight in the O-RAN Spring 2025 Global PlugFest. By integrating LITEON's O-RU with Keysight's KORA solutions and OAI's O-DU/O-CU, we have jointly validated the performance, precision, and interoperability needed for real-world O-RAN deployments. This partnership underscores LITEON's commitment to advancing open network architectures and delivering reliable 5G solutions to our global customers.' Casper Tsai, COO, Auray Technology, said: 'We successfully demonstrated Auray's deployed OAI O-CU/O-DU integrated with commercial O-RU at this PlugFest, achieving TIFG E2E and WG8 IoT testing through Keysight's E2E test solution. This demonstrated the highly integrated testing of Keysight's E2E test solution in addition to establishing Auray's capabilities in OAI O-CU/O-DU. We look forward to further deepening our cooperation and making greater contributions to the secure development of O-RAN.' Dr. Femi Adeyemi, Head of Wireless at 1Finity, said: 'Automated energy testing, conducted with Keysight, demonstrated the power savings benefits of 1Finity's triple-band radio units, which deliver high power efficiency at all traffic loads. 1Finity congratulates all O-RAN Alliance Plugfest participants for continued progress in accelerating Open RAN.' Paul Sludden, Project Director, SONIC Labs at Digital Catapult, said: 'With our network of vendor-agnostic testbed facilities, and in our role as an O-RAN Alliance PlugFest host, Digital Catapult is advancing the development and deployment of future networks in the UK. By bringing together expertise across the Open RAN ecosystem, we are proud to be collectively working with valued partners such as Keysight to drive the disaggregation, diversification, and interoperability of networks through the practical application of Open RAN technologies in industry.' Alexander Lange, Head of Software Engineering, Xelera, sai d: 'Energy efficiency is critical to the future of 5G networks. Digital Catapult's PlugFest was an important step in showcasing how hardware acceleration can reduce power consumption while maintaining performance at scale, and Keysight's simulators made it exceptionally easy to integrate, test and measure Xelera's solution.' Mike Yang, President of QCT, said: 'QCT is committed to advancing the maturity and sustainability of Open RAN deployments by participating in multi-vendor testing efforts. We are delighted to once again collaborate with Keysight at O-RAN Spring 2025 Global PlugFest to validate energy-saving apps for next-gen O-RAN solutions.' Kalyan Sundhar, Vice President, and General Manager for Keysight's Wireless Group, said: 'Keysight remains committed to accelerating Open RAN deployments. By fostering collaboration among diverse industry players, we enable the development and rigorous testing of advanced Open RAN features and use cases, ensuring a robust and interoperable ecosystem.' About Keysight Technologies At Keysight (NYSE: KEYS), we inspire and empower innovators to bring world-changing technologies to life. As an S&P 500 company, we're delivering market-leading design, emulation, and test solutions to help engineers develop and deploy faster, with less risk, throughout the entire product life cycle. We're a global innovation partner enabling customers in communications, industrial automation, aerospace and defense, automotive, semiconductor, and general electronics markets to accelerate innovation to connect and secure the world. Learn more at Keysight Newsroom and

3 Dividend Stocks to Double Up on Right Now
3 Dividend Stocks to Double Up on Right Now

Yahoo

time29 minutes ago

  • Yahoo

3 Dividend Stocks to Double Up on Right Now

Key Points Dividend stocks can help returns compound for long-term shareholders. The dividends for consumer goods companies Target, Dollar General, and PepsiCo are more attractive than usual, and the businesses are all pushing past headwinds. 10 stocks we like better than Target › With so many great investments to choose from on the stock market, why would anyone ever double up on a dividend stock? Dividends provide a boost to long-term investor returns in a couple of ways. First, investors can use a dividend reinvestment plan (DRIP) to slowly and surely buy a bigger stake in the company, which in turn leads to bigger dividend payouts. Second, companies often increase their dividends per share voluntarily. A 2% payout might not seem like much at first. But for investors using a DRIP plan to invest in dividend-growth companies, things steadily compound and boost overall returns. Granted, doubling up on a dividend stock isn't always a good idea -- the health of the business should never be overlooked. So it's still important to be choosy here. And that's why I'm choosing Target (NYSE: TGT), Dollar General (NYSE: DG), and PepsiCo (NASDAQ: PEP) as three dividend stocks to double up on now. 1. Target I don't expect much top-line growth from Target right now -- in fact, management believes sales will modestly dip in 2025 compared to 2024. Moreover, when it comes to dividend growth, Target may not impress. After all, the company raised its dividend by less than 2% in June. Investors need to zoom out further for Target stock. The dividend yield is over 4% and has reached its highest-ever point earlier in 2025. This suggests that investors believe the dividend is unsafe. But raising its dividend -- even a small raise -- demonstrates that management is committed to it. One should expect Target to raise its dividend, considering that's what it's done every year for over 50 years as a Dividend King. Target's management may have ongoing confidence to raise its dividend because of an underappreciated growth component in the business. By diving deeper in advertising, allowing third-party sellers on its e-commerce platform, and launching subscription service Target Circle 360, it's building digital businesses that have better profit margins. Other retailers have boosted profitability by doing what Target is doing right now. The sales outlook for 2025 may be uninspiring. But long term, the company has a path to grow profits and keep raising its dividend, which is why this is a dividend stock to double up on while its yield is still over 4%. 2. Dollar General Dollar General stock resembles Target stock in that both businesses are low-growth. But investors might also be anxious about profits for this discount-retail chain. Earnings per share (EPS) plunged more than 30% in 2024. And for dividend stocks, it's never good when profits plunge. To put it simply, Dollar General's profits plunged in recent years because it had too much stuff. The chart shows that inventories increased much faster than revenue before peaking in 2023. Management has worked hard to bring it back down to better levels. But the inventory reduction came at the expense of profitability. After a couple of rough years, Dollar General is getting back on track. For the first quarter of 2025, EPS jumped 8% year over year, and management thinks that full-year EPS could jump by double digits. And this relative improvement still has a long ways to go before the company is approaching previous levels of profitability. Dollar General's dividend yield is above 2%, which is rare for this company. And with its earnings expected to keep rising in coming years as management works through past mistakes, there will be plenty of room for growing the dividend. That's why Dollar General is another dividend stock to double up on today. 3. PepsiCo Finally, PepsiCo might be the safest dividend stock to double up on of these three. The stock is down about 30% from its 2023 high, and investors assume it's because consumer habits are changing. But I don't believe this prognosis is supported by the numbers. Pepsi has a large portfolio of carbonated beverages, snacks, and foods. In the first half of its fiscal 2025, sales volume for beverages was flat year over year. Convenience food sales volumes was down a mere 2%. This doesn't sound like a business that's quickly going out of style -- sales volume is within spitting distance of all-time highs. Even if consumer tastes were changing, Pepsi is an adaptable business. In carbonated beverages, it's staying in front of the trends with its recent acquisition of prebiotic soda company Poppi for $2 billion. In foods, Pepsi is also diversifying away from well-known brands such as Doritos with acquisitions such as its $1.2 billion deal for Mexican-American food company Siete Foods. In short, being one of the biggest consumer goods companies in the world has its perks -- if tastes shift, it just buys out smaller players to ride the new trend. Data from YCharts goes back about 35 years. Over this time, the dividend yield for Pepsi has never been over 4%. It's been over 4% in 2025 and is close to that right now. In other words, for investors who believe that this business will be resilient for years to come (as I do), then doubling up on this dividend stock while the yield is high could be a great long-term move. Should you buy stock in Target right now? Before you buy stock in Target, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Target wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $641,800!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,023,813!* Now, it's worth noting Stock Advisor's total average return is 1,034% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025 Jon Quast has positions in Dollar General. The Motley Fool has positions in and recommends Target. The Motley Fool has a disclosure policy. 3 Dividend Stocks to Double Up on Right Now was originally published by The Motley Fool

The 3 Things That Matter for Eli Lilly Now
The 3 Things That Matter for Eli Lilly Now

Yahoo

time33 minutes ago

  • Yahoo

The 3 Things That Matter for Eli Lilly Now

Key Points Eli Lilly's biggest growth driver, tirzepatide, will continue facing scrutiny from investors and analysts. The company's oral GLP-1 candidate will soon report key phase 3 results in weight management. The drugmaker's shares look expensive, but the premium is justified given Lilly's prospects. 10 stocks we like better than Eli Lilly › Eli Lilly (NYSE: LLY) has been one of the best-performing pharmaceutical leaders in the past five years. Thanks to strong clinical and regulatory progress, as well as robust financial results, the drugmaker has routinely impressed Wall Street. Lilly has experienced a slowdown this year, and its shares have underperformed broader equities. Still, the company could turn things around and return to its market-beating ways, especially if it can execute effectively on several fronts. Let's discuss three critical areas of its business to pay close attention to right now. 1. Tirzepatide's progress It has now been more than three years since the U.S. Food and Drug Administration (FDA) first approved tirzepatide, the medicine Eli Lilly markets as Mounjaro for treating diabetes and as Zepbound for weight management. The two brands have been generating mouthwatering sales. Each racked up billions of dollars in revenue last quarter. Mounjaro and Zepbound will continue to be crucial to Eli Lilly's progress. Here are two key things to watch. First, how quickly are their sales continuing to grow? Analysts will be closely monitoring these numbers for the foreseeable future. Image source: Getty Images. Second, will they earn label expansions? Tirzepatide has already aced other phase 3 studies, such as in cutting the risk of diabetes in patients who were overweight (or obese) and prediabetic. Regulatory authorities are now reviewing it in helping prevent heart failure in obese patients. Tirzepatide is being investigated in late-stage trials as a potential treatment for psoriasis and psoriatic arthritis in combination with other medicines. It's also being tested in mid-stage studies in metabolic dysfunction-associated steatohepatitis (MASH). So the therapy could earn many more label expansions, which will help boost its already fast-growing sales. It's a good idea to monitor Lilly's developments related to this drug. 2. Orforglipron's weight management results In April, Eli Lilly posted strong phase 3 results for its next-gen GLP-1 medicine, orforglipron, in diabetes patients. Orforglipron is a particularly important pipeline candidate to follow, because it could be one of the first oral GLP-1 therapies to hit the market. Some patients don't like needles and would vastly prefer a daily oral option over the current subcutaneously administered options. And while Lilly's recent phase 3 win for orforglipron in diabetes was significant, investors will be especially interested in the medicine's performance in weight management.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store