CBDC and Payment Message - Payments Space

Universal Digital Payments Network (UDPN) and FORUS Digital Announce Strategic Cooperation to Advance Financial Innovation in Africa

Fintech Finance

NOVEMBER 21, 2024

FORUS Digital has positioned itself in Africa to help central banks and commercial banks in their journey towards CBDC using the UDPN All-in-One Digital Currency Sandbox. Digital currency systems could prove to be key in improving financial inclusion and opening up new opportunities to large underbanked communities in many African countries.

Payment Networks

Payment Networks Digital Payments Digital Currency Innovation

How Swift is moving the global financial industry towards instant and frictionless payments

The Payments Association

JANUARY 15, 2025

The project saw a payment messages unique reference being carried end-to-end across both domestic legs and the Swift leg provided by Swift GPI. Meeting and exceeding the G20s targets The introduction of Swift GPI raised the bar for cross-border payments, setting a new benchmark for speed, end-to-end transparency, and reliability.

SWIFT

SWIFT ISO 20022 Cross-Border Cross-Border Payments

FPC 2022 Fall Member Meeting

Faster Payments Council

SEPTEMBER 12, 2022

The issuance and use of a CBDC for cross-border payments could potentially help simplify intermediation chains, increase speed and lower costs. With the number of ongoing global CBDC initiatives and the publication of the new series bulletins the panel will explore the possible impacts of CBDCs on cross-border payments.

FPC

FPC Federal Reserve Cross-Border Payments Faster Payments

Webinars

Breaking The Commerce Bottleneck: Your SAP Exit Plan Starts Now

MORE WEBINARS

Addressing the Silent Crisis of Failed Payments

Fintech News

DECEMBER 10, 2023

The challenge in international payments primarily revolves around ensuring data accuracy at every step of the payment chain. Edward spoke of the pivotal role of data and technology in creating and validating payment messages.

Addressing

Addressing Fraud Prevention Financial Inclusion Payments

The payments regulation roadmap: Q2 2025

The Payments Association

APRIL 14, 2025

Related links: Financial promotion rules for cryptoassets Financial promotions data 2024 Top regulatory priorities for the payments sector Mandatory adoption of ISO 20022 for cross-border payments (final preparations Q2) The transition to ISO 20022 for cross-border payments is a fundamental shift in global financial messaging standards.

Regulations