PYMNTS

NOVEMBER 27, 2019

The global payments ecosystem’s path to faster and real-time payments ubiquity is an evolution, not a revolution. That is to say, mass adoption will take time, and the factors driving that adoption will almost certainly continue to change and shift as end users’ needs do the same. What Faster Payments Hasn’t Solved … Yet.

ISO 20022 117

ISO 20022 Cross-Border Payments ISOs Cross-Border 117

PYMNTS

SEPTEMBER 12, 2019

The paper check continues to be a prominent — and, in many cases, dominant — payment method in B2B transactions. There are barriers to progress, though, with most businesses saying that a lack of standard remittance information is the biggest challenge to adoption of electronic payments information.

AFP 51

AFP Checks ISO 20022 Cross-Border 51

PYMNTS

MARCH 16, 2016

That’s probably sound advice for any market hoping to achieve faster, more efficient payments — especially cross-border — by adopting a unified payments messaging system. Existing payment standards are limited in the amount of remittance information they can support,” concluded the CPA.

ISO 20022 40

ISO 20022 ISOs Message Standards Cross-Border 40

PYMNTS

JULY 1, 2019

The rise of the global economy and the demand for swift and secure cross-border payments is driving the development of more efficient infrastructures, and spurring financial institutions (FIs) to experiment with emerging tech. The new remittance scheme will be powered by Ripple’s xRapid and xCurrent services.

Cross-Border Payments 84

Cross-Border Payments Cross-Border Blockchain SWIFT 84