Even the most potentially impactful innovations in the world can languish if not successfully commercialized. That’s where standards come in. While standards are frequently derived...
As the world becomes more interconnected, cross-border payments have never been more important in the banking and finance industry. However, the current system can be...
In the banking industry, legacy messages — how data makes its way between financial institutions — have been around for decades. But the world of...
As demand for faster payments increases around the world, financial institutions (FIs) in Europe are having to beef up investment in real-time data and payment...
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...
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...
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...
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...