Criticism of the world’s correspondent banking network continues to mount — and at the same time, the number of correspondent banking relationships is on the...
The phase 1 implementation of the ISO 20022 migration strategy that was scheduled for November 2020 is being postponed by the Federal Reserve Bank, the...
Corporates have growing expectations for faster, more efficient and more secure B2B payments — whether their money is moving from one business unit to another...
Faster cross-border commercial payments are within reach thanks to global initiatives from the private and public sectors, and to growing consensus among FinTechs and financial...
Paper checks are often pointed to as an example of how difficult it can be for corporates to change their payment behaviors. With newer digital,...
FIs and enterprises are facing increased pressure to make cross-border payments fast and seamless as consumers grow used to such products in other sectors. The...
Payments messaging firm SWIFT has released its first set of guidelines for financial institutions using the ISO 20022 payments messaging standard to complete cross-border transactions....
Cross-border, B2B payments generated approximately $125 billion in revenue last year, a figure that continues to rise. FIs and FinTechs need to be ready to...