Assessments Interoperability ISO 20022 
The Payments Association
JANUARY 15, 2025
Swift drives global interoperability and innovation, aligning with the UK’s National Payments Vision to enhance seamless, secure payments. The UK governments preferred approach is to upgrade the UKs Faster Payments System (FPS) while assessing the longer-term requirements for the UKs retail payments infrastructure.
The Payments Association
JUNE 11, 2025
Sustainable growth depends on interoperable risk frameworks, shared scam indicators, and coordinated responses, especially as fraudsters grow more agile and cross-border by design." Without collective visibility, we risk fragmented defences. Read More »
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PYMNTS
NOVEMBER 27, 2019
The ISO 20022 payments messaging standard — and faster payment networks’ adoption of it — has proven to be a significant value-add to financial service providers’ faster payments offerings. A lack of interoperability between local payment networks is among the largest of those hurdles, said Halpin.
PYMNTS
MARCH 16, 2016
When analysts from SWIFT and its ISO 20022 Registration Authority took a look at the various efforts behind adoption of the global messaging standard in 2014, a report found that while implementation projects were on their way across Europe, Russia and Africa, among the laggards were the U.S. and Canada.
Faster Payments Council
MARCH 15, 2023
Whether we will see these services gain traction is tied to what many believe to be a major hurdle–interoperability. FedNow may not interoperate with RTP, and it doesn't seem to be a priority for either. Learn how to position ISO 20022 as a part of an organization's broader payments modernization strategy.
The Payments Association
MAY 16, 2025
Merchants should assess exposure, engage with providers, and begin implementation planning ahead of key deadlines. The FCA’s final guidance, issued in April 2025, outlines “reasonable procedures,” including fraud risk assessments, internal controls, staff training, and governance oversight. Why is it important?
PYMNTS
NOVEMBER 15, 2017
Over the course of the next nine to 12 months, the Fed will be conducting a formal assessment of real-time settlement needs, with a focus on a retail payments environment. Theien noted that educational materials documenting risk and assessments in payments will be made available over the next few weeks. .
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