The Fintech Times

JUNE 18, 2025

Should the new rules be put into place, payment service providers would have to share fraud-related information with each other and implement a system where IBAN numbers can be checked against a corresponding bank account name before transferring money to it.

Rules 45

Rules IBAN Correspondent Bank Duplicate 45

Finextra

JUNE 29, 2025

Reduce the cost of cross border payments by: The arrival of regulated stablecoins would simplify: Reducing the 4 correspondent banks payment networks, serviced largely by SWIFT, to 2 either of which may not be a bank Reduce regulatory friction as the stablecoin has a main regulator Use of ISO 20022 additional information would reduce failures or delays: (..)

Cross-Border Payments 52

Cross-Border Payments Cross-Border Stablecoins Payments 52

Fintech Finance

JUNE 5, 2024

Blockchain technology and cryptocurrencies will definitely be at the core of the evolution of correspondent banking and we are happy to partner with Ripple to be a part of this process. This partnership is a great example of two institutions coming together to augment their respective products and services.

Cross-Border Payments 98

Cross-Border Payments Cross-Border Multi-Currency IBAN 98

PYMNTS

MAY 3, 2019

. “These are all issues emanating from the traditional correspondent banking infrastructure,” explained Banking Circle CEO Anders la Cour at the time.

Global Payments 60

Global Payments Cross-Border Payments Cross-Border Small Business 60

Payment Savvy

MARCH 22, 2023

On the other side of the transaction is the correspondent bank which uses the SWIFT messaging network to convey the request. The recipient’s bank registers the message and credits the money to your friend’s account. Is SWIFT Code the Same as IBAN Code?

SWIFT 52

SWIFT IBAN Transactions Wires 52

PYMNTS

DECEMBER 4, 2019

Payments can get stuck in the bureaucracy of the traditional correspondent banking system operated by High Street Banks, creating a hidden cost through slower cash flow for SMBs.”. And while High Street Banks may still hold the lead in filling SMBs’ FX and cross-border payment demands, Smith added that the U.K.’s

Cross-Border Payments 52

Cross-Border Payments Cross-Border Scams IBAN 52

Fintech Finance

JUNE 2, 2025

This quota also reflects its ambition to become a super-correspondent bank for global B2B that removes barriers currently holding back market demand from European businesses for instant payment flows and enhances financial inclusion across the continent. ” The CHF solution is live now, with full commercial rollout underway.

Real Time Gross Settlement (RTGS) 52

Real Time Gross Settlement (RTGS) Payment APIs and Integration Multi-Currency Cross-Border 52