ISO 20022

Why 2025 May Not Be Enough Time to Hit ISO 20022 Transition Deadline
Why 2025 May Not Be Enough Time to Hit ISO 20022 Transition Deadline
May 11, 2023  |  Payment Methods

The move to streamline and speed domestic and cross-border payments is rooted in better data exchange. The financial services industry has been readying itself, and...

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Why SocGen’s B2B Marketplaces Strategy Needed FinTech
Why SocGen’s B2B Marketplaces Strategy Needed FinTech
May 03, 2023  |  Banking

Online business-to-business (B2B) marketplaces are fast growing in popularity, helping to accelerate digital payment innovation in the business space. According to a research study by...

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The Clearing House Likens ISO 20022 Implementation Delay to ‘Global Choreography’
The Clearing House Likens ISO 20022 Implementation Delay to ‘Global Choreography’
March 02, 2023  |  Cross-border Payments

A delay, but no setback. Richard Dzina, senior vice president of product development for CHIPS at The Clearing House, told PYMNTS the recent rescheduling by...

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UK to Modernize Its Real-Time Payment Architecture
UK to Modernize Its Real-Time Payment Architecture
January 05, 2023  |  emea

The U.K. is upgrading its instant payment system to incorporate a modern ISO 20022-compliant architecture. Known as the New Payment Architecture (NPA), the initial plan...

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Swift Delays ISO 20022 Implementation Until March
Swift Delays ISO 20022 Implementation Until March
October 28, 2022  |  Banking

Swift, which operates the global financial messaging service by the same name, on Thursday (Oct. 27) announced its decision to delay the migration to a new...

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The Clearing House Stays on Schedule for ISO 20022 Implementation in Nov. 2023
The Clearing House Stays on Schedule for ISO 20022 Implementation in Nov. 2023
May 26, 2022  |  Cross-border Payments

The Clearing House (TCH) has said its clearing and settlement system CHIPS will implement the ISO 20022 message format as planned by November of next...

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Deep Dive: The Strengths And Limitations Of Real-Time Payments Rail Interoperability Strategies
Deep Dive: The Strengths And Limitations Of Real-Time Payments Rail Interoperability Strategies
April 26, 2021  |  Faster Payments

Three years is a long time, and it is how long payment industry stakeholders will have to wait to see if FedNow, the instant payments...

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Three Years On, Open Banking Broadens For Business Banking
Three Years On, Open Banking Broadens For Business Banking
January 26, 2021  |  B2B Payments

Last week, the U.K. marked its third anniversary of adopting its open banking framework, making it the leading market to drive the concept of unlocking...

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Citi To Accelerate ISO 20022 Adoption Via Volante Partnership
Citi To Accelerate ISO 20022 Adoption Via Volante Partnership
January 19, 2021  |  B2B Payments

Volante Technologies, which works in cloud payments and financial messaging, is working with Citi to expedite Citi’s adoption of the ISO 20022 financial messaging standard,...

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