Finextra

JUNE 13, 2025

171 Report Share Channels /security /payments Comments: (0) Sign in to comment James Richardson Global Head of Solutions Bottomline Member since 09 Nov 2012 Location London Followers 0 Following 0 Opinions 2 Follow Unfollow Getting banks ISO 20022 ready – are you prepared? It expresses the views and opinions of the author.

Data Security 59

Data Security Payments Data Security ISO 20022 59

Finovate

JULY 16, 2025

The CFPB is pulling back from Section 1033 and JPMorgan revealed to data aggregators that it plans to increase the cost for them to pull consumer data. Real-time payments reshape expectations FedNow is gaining traction in the US, ISO 20022 began rolling out earlier this week, and stablecoin-powered cross-border projects are on the rise.

ISO 20022 52

ISO 20022 Interbank Settlement Third Party Vendors CFPB 52

Finextra

JUNE 18, 2025

Consumers Faster, consistent, and secure payment experiences across Europe The open, universal, and standardized approach also allowed merchants and acquirers to anticipate regulatory evolutions, notably around interchange fee regulations, brand choice obligations , and the broader European card payments harmonization agenda.

ISO 20022 52

ISO 20022 Transactions Payment APIs and Integration Cross-Border 52

The Payments Association

JUNE 11, 2025

Platform operators find themselves at the centre of this challenge, managing dual imperatives: enabling frictionless merchant onboarding to capture market share whilst maintaining rigorous risk controls to prevent significant fraud losses. Consumer fraud losses reached $12.5 billion in return-based fraud in 2022. Read More »

Risk 88

Risk Fraud Prevention Fraud Detection Payment APIs and Integration 88

The Paypers

JUNE 25, 2025

The launch followed the publication of RS2’s latest whitepaper, How to solve banks’ legacy system challenges while controlling risk , which highlighted that up to 70% of banks’ IT budgets had been consumed by maintaining outdated infrastructure.

Global Payments 36

Global Payments Process ISO 20022 Payment APIs and Integration 36

The Payments Association

JANUARY 22, 2025

These passports contain a range of data such as origin, materials and sustainability credentials, which also helps to promote trust and transparency among consumers. When used in an onboarding flow, digital ID can make the process frictionless and secure; better for the merchant and consumer experience.

Security 88

Security Online and Mobile Banking Credential Verification 88

The Paypers

JUNE 25, 2025

For example, the sandbox will allow banks and fintechs to implement a ‘5-leg credit transfer’ with confirmation of funds; therefore, a consumer can make a retail real-time payment, with the merchant receiving immediate confirmation of the payment.

Visa 59

Visa ISO 20022 Payment APIs and Integration Payments 59

Payments Dive

JULY 15, 2025

trillion in payments daily, began shifting late Sunday to the new ISO 20022 standard. This isn’t the first time community banks have encountered ISO 20022 — it’s also the format used by FedNow — so many were already familiar with the standard and well-prepared for the shift.”

FedWire 144

FedWire ISOs ISO 20022 Federal Reserve 144

Fintech Finance

APRIL 24, 2024

With just over 18 months to go until the ISO 20022 compliance deadline, leading Quality Engineering company, Roq , is urging UK financial institutions to take the necessary measures now to finalise their plans and focus on the execution of a programme that is, by all published metrics, some way behind the curve.

ISO 20022 145

ISO 20022 Cross-Border Payments ISOs Cross-Border 145

PYMNTS

JANUARY 26, 2021

And while the concept initially set its sights on elevating the consumer banking experience, the data integration drive continues to expand into new use cases, including business banking, that open up opportunity through bank-FinTech collaboration and data integration. Citi Drives ISO 20022 Adoption With Volante.

ISO 20022 142

ISO 20022 ISOs Payment APIs and Integration Message Standards 142

Fintech Finance

JULY 9, 2024

Volante Technologies , the global leader in payments as a service, today announced that Azqore , a business and technology partner for wealth managers, has selected Volante’s Payments as a Service (PaaS) to deliver SEPA instant payments and ISO 20022 messaging services to its customer base. The company processed the first U.S.

ISO 20022 97

ISO 20022 ISOs Technology Instant Payments 97

PYMNTS

OCTOBER 7, 2020

7) that it is supporting SWIFT ’s latest service to speed effortless global cross-border payments for small- and medium-sized business (SMBs) and consumer markets. “We Oracle Banking Payments announced Wednesday (Oct. Oracle and SWIFT share a history of collaboration. Oracle’s solutions have been SWIFT-compatible for more than a decade.

Cross-Border Payments 145

Cross-Border Payments Cross-Border SWIFT ISO 20022 145

Faster Payments Council

AUGUST 23, 2024

2:20pm-3:00pmMT: Concurrent Breakout Session – The Power of ISO 20022: Unlocking Efficiency and Global Reach in Payments (Capitol Ballroom 7) The world of payments is undergoing a major transformation with the adoption of ISO 20022. Speakers: Laura Sullivan, Form3; Kenneth T.P.

FPC 128

FPC ISO 20022 Federal Reserve Instant Payments 128

The Payments Association

FEBRUARY 14, 2025

New regulations, razor-thin margins, and surging consumer demand for frictionless, instant services are reshaping the rules of engagement. European market landscape Europes financial sector spans multiple markets, each governed by local regulations and shaped by distinct consumer habits.

ISO 20022 100

ISO 20022 Payment APIs and Integration ISOs Central Bank 100

PYMNTS

NOVEMBER 12, 2020

Mastercard’s Vocalink’s clearing and settlement solution supports Payments Canada requirements, including ISO 20022 and the Bank of Canada’s risk management standards. “As

ISO 20022 138

ISO 20022 Real Time Payments Settlement ISOs 138

PYMNTS

OCTOBER 10, 2016

23, the industry welcomed the rollout of ubiquitous faster payments to every consumer and business in the U.S. ISO 20022, which is designed to set the tone for global financial industry messages, provides a standardized approach to building messaging standards across financial services. via all banks and credit unions.

Same Day ACH 76

Same Day ACH ACH ISO 20022 NACHA 76

Fintech Finance

MAY 22, 2025

This enterprise-wide initiative is a cornerstone of our Forward30 Strategy, built to future-proof operations, accelerate digital convergence, and deliver seamless, secure, and intelligent payment experiences for both consumers and businesses.

ISO 20022 91

ISO 20022 Cross-Border ISOs Payments 91

Fintech Finance

NOVEMBER 8, 2024

This partnership is set to revolutionise the region’s payments landscape by enabling faster, more efficient international payments for businesses and consumers alike. Nium , the leading global infrastructure for real-time cross-border payments, today announced a partnership with Ecobank Transnational Incorporated.,

Cross-Border Payments 98

Cross-Border Payments Cross-Border ISO 20022 Payment APIs and Integration 98

Fintech Finance

SEPTEMBER 25, 2024

It will allow payment service providers and merchant acquirers in Japan to accelerate speed to market with new innovative payment services, modernize merchant and consumer payment experiences, and lower the total cost of ownership.

ISO 20022 104

ISO 20022 Cross-Border Payments Stop Payment Acquirers 104

PYMNTS

AUGUST 16, 2019

Financial institutions are facing increased pressure to make cross-border payments fast and seamless as consumers grow used to instant P2P payments and such products in other sectors. Despite ISO 20022’s potential, there are barriers to it becoming the universal standard. A Call for Transparency. and Australia’s NPP.

Cross-Border Payments 81

Cross-Border Payments Cross-Border ISO 20022 ISOs 81

PYMNTS

SEPTEMBER 29, 2020

Developing better financial products for consumers and opening new funding channels for companies will all help the recovery.”. “During the lockdown, many people shifted to accessing banking and other financial services online. Many more made contactless payments. Mastercard Expands Crypto Accelerate Program.

Instant Payments 129

Instant Payments B2B Innovation ISO 20022 129

PYMNTS

SEPTEMBER 5, 2019

We have built the world-leading BankID service and the Swish payment method,” said Kirstine Nilsson, Swedbank’s head of business infrastructure, consumer payments and cash management. “We ISO 20022 has the potential to promote efficiency in the correspondent banking community and modernize cross-border transactions.

SWIFT 72

SWIFT ISO 20022 Authorization API 72

Fintech Finance

AUGUST 27, 2024

The platform will be built on the global ISO 20022 standard and will offer additional features such as Request to Pay and Alias management, providing participants with opportunities for new payments and revenue streams.

Instant Payments 97

Instant Payments Real Time Payments ISO 20022 Financial Inclusion 97

PYMNTS

SEPTEMBER 11, 2019

Compelled by pressure from the consumer space, domestic payment rails are being upgraded rapidly to keep pace. In July, SWIFT released its first set of guidelines for financial institutions using the ISO 20022 payments messaging standard to complete cross-border transactions. What’s Changing?

Cross-Border Payments 76

Cross-Border Payments Cross-Border ISO 20022 Real Time Payments 76

Faster Payments Council

MARCH 15, 2023

Learn how to position ISO 20022 as a part of an organization's broader payments modernization strategy. Learn how to position ISO 20022 as a part of an organization's broader payments modernization strategy. 100B/yr US alone – sticky, underserved, corporate/gov't load (no consumer).

FPC 88

FPC ISO 20022 Federal Reserve Cross-Border Payments 88

The Payments Association

MAY 16, 2025

Key areas of impact include fraud prevention, card fee structures, accessibility standards, stablecoin usage, and the treatment of consumer data in evolving open finance ecosystems. The EAA aims to ensure that all consumers can navigate and use essential services without barriers. to 1.15% for debit and from 0.3% for credit.

Regulations 88

Regulations ISO 20022 Cross-Border Legal 88

PYMNTS

AUGUST 23, 2019

The problem, which has fallen to payments organizations in the cross-border space, is translating consumer demand into reality across a global regulatory patchwork that traverses local, regional and international compliance regimes. This has meant rethinking compliance processes and reassessing the way compliance tools are deployed.

Real Time Payments 77

Real Time Payments SWIFT Compliance ISO 20022 77

PYMNTS

AUGUST 28, 2019

The environment is also benefitting from a ‘pull’ effect, where the consumers [or] corporates are requiring this level of service from the financial institutions — and these institutions are having to meet these demands.”. This is particularly true, he said, when supporting faster payment capabilities across borders.

ISO 20022 52

ISO 20022 B2B Real Time Payments ISOs 52

PYMNTS

JUNE 16, 2020

New approaches to payments processing are creating attractive options, such as the advantage of payments-as-a-service is being able to consume as you go — and having that scalability that [firms] can call on in times of need and which comes down to cloud-based infrastructures,” Fennell told Webster. Two Types Of Containers.

ISO 20022 72

ISO 20022 B2B Cross-Border ISOs 72

Fintech News

DECEMBER 12, 2023

This shift caters to the growing demand for real-time payment services among consumers and businesses. The adoption of the ISO 20022 standard is crucial in this transition, providing banks with structured, rich data sets that enhance automation and customer service personalisation.

FinTech 113

FinTech ISO 20022 Fraud Detection Instant Payments 113

PYMNTS

NOVEMBER 10, 2020

Real-time payments aren’t just an opportunity for consumers to send and receive money more quickly. Interest in faster payments is also on the rise for corporates, though their adoption of real-time payments won’t look the same as it does in the B2C world.

B2B 117

B2B Real Time Payments Value Added Service ISO 20022 117

PYMNTS

OCTOBER 15, 2020

Standards, such as ISO 20022 are critical to fostering interoperability, they agreed (Scola pointed to SWIFT gpi, a standard for global payments, as an example). In many instances, we’re working with FinTechs to provide the next solution for the consumer,” he said. More Tools, More Flexibility .

Real Time Payments 125

Real Time Payments NACHA SWIFT TCH 125

Fintech News

DECEMBER 12, 2023

This shift caters to the growing demand for real-time payment services among consumers and businesses. The adoption of the ISO 20022 standard is crucial in this transition, providing banks with structured, rich data sets that enhance automation and customer service personalisation.

FinTech 98

FinTech ISO 20022 Fraud Detection Financial Literacy 98

PYMNTS

NOVEMBER 13, 2020

But often, particularly when it comes to real-time payments, those initiatives are centered around consumer and peer-to-peer transactions. API integrations can make it easier than ever for third-party FinTech solutions to enhance their own payment capabilities. Yet the Everlink-FINTAINIUM collaboration has its sights set on the SMB landscape.

Real Time Payments 75

Real Time Payments Electronic Funds Transfer (EFT) ISO 20022 Payment APIs and Integration 75

PYMNTS

NOVEMBER 17, 2020

For example, suppose a huge global consumer packaged goods (CPG) conglomerate wants to introduce a new shampoo. Everybody talks about rich data pipes being attached to ISO 20022. When it comes to global B2B procurement, nothing is simple.

B2B 128

B2B Visa Cross-Border ACH 128

The Payments Association

FEBRUARY 26, 2025

Cost and time efficiency Building and maintaining a sophisticated in-house testing environment is often costly and time-consuming. PCI DSS, SEPA, ISO 20022). This is crucial for staying competitive in a rapidly evolving payments market where consumers expect instant, seamless, and secure payment experiences.

ISO 20022 88

ISO 20022 PCI DSS Fraud Prevention Payments 88

PYMNTS

MARCH 9, 2020

Consumers and businesses do not want to use new payment networks unless they believe others are already using them, creating a chicken-and-egg problem. Consumers and businesses alike tend to cling to established payment methods until frictions or alternative methods’ appeals become significant enough to inspire change. Proving Value.

RTP 81

RTP TCH ISO 20022 Real Time Payments 81