The Payments Association

JULY 3, 2025

Part 1 gives critical business insights into: Key trends expanding the cross-border payments economy How the ISO 20022 payments messaging standard will transform speed, data quality, and reconciliation globally. How Blockchain Technology Is Streamlining Treasury Management. Click here to download the report.

Cross-Border 88

Cross-Border ISO 20022 Cross-Border Payments Message Standards 88

PYMNTS

JANUARY 26, 2021

Citi is accelerating its migration to the ISO 20022 payments messaging standard and has tapped a third-party FinTech to aid in the process. Citi is using Volante’s VolPay for ISO 20022 Migration technology to build out its core ISO 20022 capability, which will allow the bank to send and receive messages that use the standard.

ISO 20022 142

ISO 20022 ISOs Payment APIs and Integration Message Standards 142

PYMNTS

NOVEMBER 19, 2020

Plus, blockchain makes new inroads in the B2B arena. The partnership supports Payment Canada's need for RTR to enable ISO 20022 messaging standards and remain in compliance with the Bank of Canada 's risk management standards for payment systems, an announcement revealed. Canada Taps Vocalink for Real-Time Rail.

B2B 104

B2B Blockchain Real Time Gross Settlement (RTGS) Real Time Payments 104

PYMNTS

JANUARY 26, 2017

Cross-border payments, trade finance, smart contracts — blockchain has the potential to disrupt B2B processes, but FinTech players are only beginning to take these concepts onto a real-world stage. For one firm, Finlync , the key to unlocking the potential of blockchain in B2B processes is unlocking the underlying data of that activity.

Blockchain 57

Blockchain Cross-Border Payments B2B Cross-Border 57

PYMNTS

MAY 29, 2017

After an inquiry to examine the potential for blockchain to play a role in the nation’s interbank system, the Bank of Canada has ultimately decided against the technology. The hurdles identified in the column include the incompatibility between blockchain and the need for privacy around some wholesale payments, as well as scalability.

Central Bank 50

Central Bank Blockchain ISO 20022 Message Standards 50

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

AUGUST 16, 2019

Treasurers find this to be of importance because it can help reduce the rate of reconciliation errors. Interactions between banks, FIs and businesses could become highly fragmented without such standards. Some FIs are also turning to blockchain-based solutions to improve transparency and interoperability.

Cross-Border Payments 54

Cross-Border Payments Cross-Border ISO 20022 Interoperability 54