Central Bank International Payments Message Standards 
Fintech Finance
OCTOBER 21, 2024
The Central Bank of Kenya (CBK) announces that the Kenya Electronic Payment and Settlement System (KEPSS) has been successfully migrated to the ISO20022 Global Messaging Standard (“ISO20022 Standard”). It is the backbone of Kenya’s domestic and regional payment transactions.
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. Across the pond, meanwhile, the U.S.’s
PYMNTS
MARCH 12, 2018
In searching for a payments system that leverages digital conduits, boosting speed and boosting scale, said Cooke, keep in mind that there are very few people on the planet who do not trust any central banks at all. And in fact, a lot of central banks around the world hold a lot of U.S. dollar,” said Cooke.
PYMNTS
DECEMBER 4, 2018
Drilling down a bit from pan-European efforts in payments infrastructure to more granular ones, in the U.K., a Bank of England consultation about the embrace of messaging standards – specifically, ISO 20022 – has garnered support of a Common Credit Message (CCM) that looks for harmonization of messaging across interbank payment efforts.
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.
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