Sections
ISO 20022
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B2B PaymentsBlockchain Makes Headway Over Legacy X-Border Rails
There’s no single path to payments infrastructure innovation. This week’s examination of the latest initiatives to target B2B payments friction from the...
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Digital PaymentsDigesting The Payments Modernization ‘Elephant’ — Bite By Byte
As the old adage goes: The best way to eat an elephant is one bite at a time. As financial services firms...
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Cross-border PaymentsMoving Money X-Border In The Age Of ‘Business As Unusual’
Making cross-border payments work — across currencies and across time zones — is no easy task. The challenges are myriad, marked by...
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B2B PaymentsSWIFT Delays X-Border Payments Migration To ISO 20022
Cross-border payments via Swift’s ISO 20022 migration, originally set to roll out by November 2021, have now been set back a year...
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Faster PaymentsThe Clearing House’s Strategies To Drive RTP Uptake
Persuading the 11,000+ financial institutions (FIs) in the U.S. to integrate with a new real-time payments rail is a tough ask, especially...
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InnovationSWIFT: The Road To ISO 20022 Adoption
PYMNTS recently spoke with Saqib Sheikh, global head of SWIFT’s ISO 20022 program, to learn more about SWIFT’s commitment to assist the...
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Faster PaymentsThe Not-So-Beaten Path To B2B Payments Real-Time Ubiquity
Faster and real-time payments still have a long journey ahead toward ubiquity, particularly in the realm of corporate cross-border payments. Interoperability between...
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B2B PaymentsFinTechs Help Global Banks Tackle SMB Challenges
Criticism of the world’s correspondent banking network continues to mount — and at the same time, the number of correspondent banking relationships...
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Digital BankingFedwire’s ISO 20022 Migration Delayed By Federal Reserve Bank
The phase 1 implementation of the ISO 20022 migration strategy that was scheduled for November 2020 is being postponed by the Federal...
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B2B PaymentsBanks’ Definitive B2B Payments Guide To Sibos
Corporates have growing expectations for faster, more efficient and more secure B2B payments — whether their money is moving from one business...
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B2B PaymentsLifting The Veil On Cross-Border B2B Payments
Faster cross-border commercial payments are within reach thanks to global initiatives from the private and public sectors, and to growing consensus among...
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B2B PaymentsWhy Real-Time B2B Payments Adoption May Be A Molehill, Not A Mountain
Paper checks are often pointed to as an example of how difficult it can be for corporates to change their payment behaviors....
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Smarter PaymentsDeep Dive: Why Cross-Border Payments Need Transparency Overhaul
FIs and enterprises are facing increased pressure to make cross-border payments fast and seamless as consumers grow used to such products in...
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Faster PaymentsThe Challenges And Benefits Of ISO 20022 Migration
Quickly sending large sums of money abroad in 1803 might have meant loading gold bars onto ships and hoping for good weather...
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B2B PaymentsSWIFT Readies ISO 20022 For X-Border Payments
Payments messaging firm SWIFT has released its first set of guidelines for financial institutions using the ISO 20022 payments messaging standard to...
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Smarter PaymentsDeep Dive: Modernizing Cross-Border Payments Infrastructure For Speed, Access
Cross-border, B2B payments generated approximately $125 billion in revenue last year, a figure that continues to rise. FIs and FinTechs need to...
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B2B PaymentsVolante Enhances Corporate Payments-As-A-Service For FIs
Payments processing and financial message integration company Volante Technologies is expanding its Payments-as-a-Service offering for financial institutions in the U.S. The company’s...
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B2B PaymentsACI Worldwide Exec Warns APIs, ISO 20022 ‘Completely Incompatible’
Payments messaging firm SWIFT announced Thursday (April 4) the establishment of an ISO 20022 working group to promote adoption of the payments...
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Digital PaymentsSWIFT Working Group To Create ISO 20022 Standard
SWIFT announced Thursday (April 4) that its working group of payments industry experts is creating a common end-to-end implementation to increase the...
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B2B PaymentsBank Of England Pulls Payment Schemes Onto Same Page With ISO 20022
The Bank of England is streamlining the U.K.’s payments messaging operations through the planned adoption of the ISO 20022 messaging standard, the...
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Smarter PaymentsHow ISO 20022 Can Boost Interoperability, Intelligence
Legacy infrastructure used by traditional banks and innovations offered by FinTechs don’t often speak the same language. To get the two working...
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Smarter PaymentsNEW REPORT: Is ISO20022 FI’s Digital Payments Tower Of Babel?
New technology and innovations are pushing the payments industry forward, making transactions speedier and safer than they were before. But the emergence...
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B2B PaymentsSWIFT Reveals Success, Future Challenges Of Blockchain PoC
SWIFT has offered another update on its blockchain proof of concept (PoC), reiterating its potential to enrich transaction data, support real-time liquidity...
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B2B PaymentsFides Couples Treasury Solution With New Payments Capabilities
Fides Treasury Services is integrating corporate payments capabilities into its offering. The company announced Thursday (Oct. 5) that it is launching EFT Web,...
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B2B PaymentsTreasuryXpress Develops Payments API
Earlier this week, Anis Rahal, CEO of treasury management company TreasuryXpress, told PYMNTS that the API has potential to disrupt the treasury management...
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B2B PaymentsTime For B2B Payments To Get Standardized, Says Nordea
A new report from financial services company Nordea says corporates are waiting for their banks and other FinServ providers to standardize payment processes. According to...
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B2B PaymentsWorldpay Founder To Launch Banking-as-a-Service Disruptor
The U.K. banking industry has seen a slew of new market entrants in the form of “challenger banks,” but one of the...
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Payments InnovationThe Five Numbers That Can Make Payments More Efficient
In order to know if something will help, it’s important to know exactly what you’re dealing with — it’s common sense. But...
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B2B PaymentsClearing The Way To Instant Payments
If the movement toward instant payments is a work in progress, the infrastructure that is needed to put that progress in place...
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B2B PaymentsEBA Clearing Testing Real-Time Payments Tool
EBA Clearing, set to launch its real-time payment service across Europe later this year, has officially commenced the testing phase of its...
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B2B PaymentsUK Faster Payments Scheme Eases Access For Developers
The U.K.’s Faster Payments scheme is a critical component of the nation’s push towards real-time payments. The scheme offers real-time credits for...
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B2B PaymentsMapping Out B2B Payments Via ACH
Along with Same Day ACH credit and eventual Same Day ACH debit transaction, businesses have more choices on just how they can...
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B2B PaymentsISO Clears Australia’s Blockchain Development Proposal
Australia has been cleared to lead the way towards standards that guide implementation of blockchain technology, reports said on Thursday (Sept. 15)....
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B2B PaymentsSWIFT Sets ISO 20022 Sights On High-Value Payments
As SWIFT continues to promote the adoption of the ISO 20022 payments messaging standard across financial institutions, the company said it is...
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RegulationClearing Up The Case For ISO 20022
Depending on who you are and where you are in the world, the ISO 20022 framework can mean a lot of different...
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B2B PaymentsEmbracing An ISO 20022 Roadmap
Dialogue continues among stakeholders in adopting an ISO framework, especially in cross-border B2B payments, and key considerations center on an incremental or...
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Switzerland Flips The ISO 20022 Switch
Payments technology developers and regulators are beginning to voice their support for ISO 20022, the payments messaging standard that proponents say can...
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B2B PaymentsThe Canadian Case For ISO 20022
When analysts from SWIFT and its ISO 20022 Registration Authority took a look at the various efforts behind adoption of the global...
- B2B Payments
With ISO 20022, You’re Either In, Or You’re Out
The world is inching towards faster payments and fewer hurdles in the form of national borders. Some industry analysts agree that key...
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B2B PaymentsTaking The Fear Out Of ISO 20022
At the heart of much of the push toward faster payments is ISO 20022 — the new messaging standard for financial institutions that...
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B2B PaymentsThe Money-Saving ISO 20022 Effect
The Canadian Payments Association (CPA) is eyeing big savings for businesses by switching to the ISO 20022 payments messaging standard. Reports by Finextra...
- International
Real-Time Payments May Get New Standards
The ISO Real-Time Payments Group (RTPG), which comprises over 50 global experts under the guidance of trade body Payments UK, reached a...
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B2B PaymentsFed: Faster Payments Depend On Security, Standards And Bank Buy-In
The U.S. payments industry lacks common standards for interoperability, and that’s standing in the way of faster payments and better payments security....
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B2B PaymentsEurope and Africa Are Ahead On ISO 20022 B2B Payments; U.S. And Canada Lag
If adopting the ISO 20022 universal financial messaging system for B2B payments is a chicken-and-egg problem, SEPA seems to have cracked it...
