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BIS Sets Out Roadmap for ISO 20022 Implementation in Cross-Border Payments

Fintech News

These measures provide a clear path for the governance, management, and maintenance of these requirements as the world transitions to the ISO 20022 messaging standard. They also provide impetus to industry-led efforts to create guidelines for faster cross-border payments.

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BIS CPMI Takes Further Steps to Promote ISO 20022 Harmonisation for Enhanced Cross-Border Payments

Fintech Finance

The announcement should provide clarity to industry regarding the medium-term governance and maintenance of the harmonised data requirements during the period of global transition to the ISO 20022 messaging standard.

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RT2: A strategic transformation for UK payment providers

The Payments Association

Payment providers to strategically invest in ISO 20022 implementation, API integration, and service innovation to fully leverage RT2’s capabili The launch of RT2, the renewed Real Time Gross Settlement (RTGS) service, on 28 April 2025 marks a significant milestone for the UK’s payments infrastructure.

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CBDC in Corporate Payments and Transaction Banking

Finextra

Large corporates built bespoke treasury systems to manage multi-bank transfers, FX conversion and reconciliation. Cross-Border Micro Payments Wholesale CBDC corridors between central banks enable real-time FX conversion at pre-agreed rates, empowering granular cross-border billing for IoT-driven services.

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The Not-So-Beaten Path To B2B Payments Real-Time Ubiquity

PYMNTS

Further, one of the largest benefits to corporates of faster and real-time payments services is less about the speed and more about the data these networks are able to carry along with a transaction. The world is moving more toward standards, and ISO is one of them,” said Halpin.

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Championing Swift Connectivity for Private Banks and Asset Managers in APAC

Fintech News

As the industry evolves, adopting robust standards like ISO 20022 becomes crucial for driving these benefits. B2B payments service provider Bottomline ‘s on-demand webinar, “Championing Swift Connectivity for Private Banks and Asset Managers in APAC,” explores these critical developments in depth.

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Fed Says America Needs Instant Payments As Soon As Possible

PYMNTS

The most recent details on FedNow come roughly a year after the central bank announced its plans to build and operate real-time rails. But Brainard added that FedNow will be “broadly accessible” to financial institutions, businesses and consumers through direct connections with more than 10,000 banks.

Fed