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. The world is moving more toward standards, and ISO is one of them,” said Halpin.

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ISO 20022 Cross-Border Payments ISOs Cross-Border 117

PYMNTS

SEPTEMBER 23, 2019

The Payments Market Practice Group asked the Federal Reserve to reassess its approach to the project, which involves a three-phased migration to the ISO 20022 messaging standard for the Fedwire Funds Service. The Federal Reserve will announce an amended adoption strategy after the assessment is complete. .

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ISO 20022 Federal Reserve ISOs FedWire 76

The Payments Association

JANUARY 15, 2025

The UKs roadmap to faster, more efficient payments A key area of focus outlined in the National Payments Vision is enabling interoperability between domestic and international systems, supported by the adoption of ISO 20022 messaging standards while ensuring the security of the UKs payment systems.

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SWIFT ISO 20022 Cross-Border Cross-Border Payments 88

The Payments Association

JANUARY 31, 2025

Implementing Travel Rule compliance requires the development of new technical standards and tools, many of which are still in their infancy. The FATFs role in shaping the future Despite these criticisms, the FATF is crucial in forging international consensus on AML and CTF standards.

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Travel Rule Wire Transfer Rules Wire 88

PYMNTS

MARCH 9, 2018

The solution deploys Hyperledger to assess the potential for blockchain to enhance bank-to-bank transactions. The PoC includes 34 banks, each with their own node in SWIFT’s DLT sandbox.

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SWIFT ISO 20022 Blockchain Liquidity Management 43

PYMNTS

AUGUST 13, 2019

Improved messaging can support the faster payment sending and processing necessary for rapid cross-border transactions, and many financial services companies are assessing the potential of the ISO 20222 messaging standard to accelerate their operations.

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On-Demand ISO 20022 Federal Reserve Faster Payments 62

PYMNTS

AUGUST 28, 2019

With any change in payment behavior, businesses must assess the cost of adoption and process disruption and weigh that against the cost of continuing to rely on legacy, sometimes outdated, technologies. Speaking The Same (Payments) Language. This is particularly true, he said, when supporting faster payment capabilities across borders.

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ISO 20022 B2B Real Time Payments ISOs 52