PYMNTS

JANUARY 17, 2018

With the blockchain industry expected to exceed a $7.6 As is often the case in today’s financial services market, industry players are in a delicate dance of collaboration and competition – and blockchain is no exception. Collaborators. One of these collaborations, announced Tuesday (Jan.

Blockchain 46

Blockchain ISO 20022 ISOs SWIFT 46

PYMNTS

MARCH 9, 2018

SWIFT has offered another update on its blockchain proof of concept (PoC), reiterating its potential to enrich transaction data, support real-time liquidity management and reconciliation and more. The solution deploys Hyperledger to assess the potential for blockchain to enhance bank-to-bank transactions.

SWIFT 43

SWIFT ISO 20022 Blockchain Liquidity Management 43

PYMNTS

JUNE 13, 2018

PayStand , a B2B payments company powered by blockchain, is launching in Canada. In an effort to combat fraud, the company introduced blockchain-powered payment certification and notarization in 2016. “As By using the blockchain, we’re giving businesses the opportunity to eliminate human error.”.

Electronic Funds Transfer (EFT) 43

Electronic Funds Transfer (EFT) B2B Blockchain ISO 20022 43

PYMNTS

MARCH 21, 2017

But, according to Nordea, obstacles remain for ISO 20022 to take off as a payments messaging standard and provide corporates the efficiency they need. Further, not all internal banking and corporate systems can support the XML format that has gained traction in promoting ISO 20022 standardization.

ISO 20022 77

ISO 20022 ISOs B2B Message Standards 77

PYMNTS

JANUARY 30, 2019

The gateway will enable the continuous monitoring and control of payment flows and the subsequent movement of goods by those trade platforms, while, to ensure global integration and interoperability, it will support application programming interfaces (APIs), as well as SWIFT and ISO standards.”.

SWIFT 60

SWIFT Distributed Ledger Technology (DLT) Payment APIs and Integration Message Standards 60

PYMNTS

NOVEMBER 3, 2020

Plus, blockchain projects move closer to launch in the U.S. FINTAINIUM is combining its Account Receivables and Payables Management Platform with Everlink's eHUB Digital Payments Platform to support real-time B2B and B2C payments that adhere to ISO 20022 payments messaging standards. Chase Creates New Blockchain Unit.

Use Case 56

Use Case B2B Distributed Ledger Technology (DLT) ISO 20022 56

Fintech Review

APRIL 9, 2025

XDC Network is ISO 20022 -compliant, aligning with the global messaging standard. ISO 20022 is an international standard for electronic data interchange between financial institutions. It enables richer, structured, and more secure messaging for payments, clearing, and settlements.

ISO 20022 52

ISO 20022 ISOs Payment APIs and Integration TPS 52

PYMNTS

APRIL 29, 2019

Ripple, which enables money transfers via blockchain, has been utilizing its distributed ledger technology to support cross-border payments. Consistent business processes and messaging standards, among other factors, are critical to ensuring systems work together smoothly.

Interoperability 77

Interoperability ISO 20022 Instant Payments Cross-Border 77

PYMNTS

JANUARY 30, 2019

The gateway will enable the continuous monitoring and control of payment flows and the subsequent movement of goods by those trade platforms, while to ensure global integration and interoperability it will support application programming interfaces (APIs), as well as SWIFT and ISO standards.”.

SWIFT 46

SWIFT Distributed Ledger Technology (DLT) Payment APIs and Integration Message Standards 46

PYMNTS

OCTOBER 10, 2016

In the previous episode of NACHA’s Countdown to Same Day ACH podcast series, NACHA President and CEO Jan Estep identified the overlaps, complements and implications of all the initiatives under the faster payments umbrella — namely, real-time payments, Same Day ACH and blockchain. The Road To Process Improvement.

Same Day ACH 76

Same Day ACH ACH ISO 20022 NACHA 76

PYMNTS

JANUARY 17, 2017

Gilde explained that Paragon has its eye on B2B and commercial payments, especially when it comes to messaging standards. Plus, with blockchain on the close horizon, payments testing will continue to get more complex with at least a hand in the corporate payments side.

ISO 8583 49

ISO 8583 ISO 20022 ISOs Faster Payments 49

PYMNTS

AUGUST 1, 2019

Payments messaging firm SWIFT has taken recent steps to promote interoperability of its payments network, recently announcing that it would allow blockchain platforms to loop into SWIFT’s global payments innovations (GPI) service to facilitate real-time transactions.

Interoperability 61

Interoperability ISO 20022 Cross-Border Correspondent Bank 61

PYMNTS

AUGUST 16, 2019

Interactions between banks, FIs and businesses could become highly fragmented without such standards. Many companies are choosing to implement ISO 20022 as a common messaging standard to achieve greater interoperability between payment systems, with the system seeing more than 80 implementations in over 40 markets.

Cross-Border Payments 54

Cross-Border Payments Cross-Border ISO 20022 Interoperability 54

PYMNTS

SEPTEMBER 12, 2019

11), Mastercard announced a collaboration with blockchain company R3 to create a blockchain-based tool for cross-border B2B payments. There are barriers to progress, though, with most businesses saying that a lack of standard remittance information is the biggest challenge to adoption of electronic payments information.

AFP 51

AFP Checks ISO 20022 Cross-Border 51

The Fintech Times

JULY 20, 2024

Blockchain technology can offer decentralised alternatives. This has included using new technology and messaging standards (ISO 20022) to improve performance, data quality and operational efficiency. . “A complete overhaul may be necessary for long-term sustainability. ” Do we need to quicken implementation?

Payments 122

Payments Mitigation Cybersecurity ISO 20022 122

PYMNTS

MARCH 14, 2019

” The solution to cross-border payment challenges won’t be to overhaul this system, he said, but to introduce initiatives like SWIFT gpi or the ISO 20022 messaging standard, which can build upon an existing ecosystem to fuel innovation and progress. That’s not to say experimentation isn’t welcome. ”

Global Payments 77

Global Payments Cross-Border Payments Cross-Border ISO 20022 77

PYMNTS

FEBRUARY 6, 2020

The solution will deploy blockchain, standardized APIs from Afinis and payments messaging standard ISO 20022. Automating the flow of payment-related data will support back-office process efficiencies, and address fraud concerns. The organization noted that the platform will aim to go live for early adopters this May.

Payments Data 73

Payments Data Payment APIs and Integration Credit Union NACHA 73

Evolve Payment

SEPTEMBER 29, 2023

You can learn more about some of the blockchain building blocks from organizations like the Minnesota Blockchain Initiative. Instant payments will become the norm, enabled by technologies like real-time payment networks and blockchain.

Industry Trends 52

Industry Trends Contactless Payments ISO 20022 Cross-Border 52

PYMNTS

SEPTEMBER 13, 2018

That service is based on the Rich Communication Services global messaging standard and the TBCASoft cross-carrier blockchain platform. The companies have been working to build out a blockchain platform that allows for mobile payments across global communication carriers.

Cross-Border Payments 40

Cross-Border Payments Cross-Border Risk Same Day ACH 40

PYMNTS

MAY 12, 2020

The service is fully automated using the company’s proprietary blockchain platform, the company said, adding that the feature can help support businesses’ own supplier payments and cash flow management as a result of having quicker access to funds.

B2B 52

B2B Same Day ACH FedNow Federal Reserve 52

PYMNTS

MARCH 12, 2018

Cooke argued that bitcoin and blockchain have their place and use cases in the world. That license, so to speak, does not exist with blockchain technology. The digital cryptocurrencies can’t function with the same flexibility and economic impact as fiat , then, and blockchain doesn’t scale.

Faster Payments 44

Faster Payments Central Bank Cross-Border Payments 44

PYMNTS

SEPTEMBER 18, 2017

including, among other initiatives, the implementation of ISO 20022 messaging standards and greater adoption of B2B payments done electronically. In the FinTech arena, Bloomberg reported late last week that regulators in the U.S.

Cryptocurrency 40

Cryptocurrency Money Laundering Federal Reserve ISO 20022 40

The Payments Association

FEBRUARY 18, 2025

By investing in future-ready infrastructure, businesses position themselves for growth, improved resilience and seamless integration with emerging technologies such as central bank digital currencies (CBDCs) and blockchain-based payments. Businesses that delay modernisation risk losing customers, market share, and operational efficiency.

Payment APIs and Integration 88

Payment APIs and Integration Fraud Detection ISO 20022 Real Time Payments 88