The Payments Association

JUNE 9, 2025

This is more than 'coding to the spec'; different and new software is required by originating institutions, correspondent banks, intermediate banks, and even regulators or central banks to realise the advantages."

ISO 20022 88

ISO 20022 Payment APIs and Integration ISOs Interoperability 88

Fintech News

JUNE 16, 2025

Ricky Lim : Project Nexus was created to interlink domestic Instant Payment Systems (IPS) through a multilateral and standardised model. The challenge today is that many countries operate their own IPS, but cross-border payments still rely on slow and expensive correspondent banking arrangements.

Cross-Border Payments 80

Cross-Border Payments Cross-Border APACS ISO 20022 80

PYMNTS

AUGUST 1, 2019

Payments messaging firm SWIFT has released its first set of guidelines for financial institutions using the ISO 20022 payments messaging standard to complete cross-border transactions. “Adoption of ISO 20022 will continue the transformation of correspondent banking already ongoing,” SWIFT said in its announcement.

ISO 20022 76

ISO 20022 ISOs SWIFT Cross-Border 76

PYMNTS

MAY 24, 2017

With lack of visibility into the correspondent banking system a top challenge for B2B payments, SWIFT is rolling out a way for payers to track their cross-border payments in real time. The company announced Tuesday (May 23) that its Tracker is now available to help businesses track global payments as they occur.

SWIFT 43

SWIFT Transactions Cross-Border Correspondent Bank 43

PYMNTS

AUGUST 16, 2019

Recent American Express research found that greater transparency is one of the top priorities for firms that regularly make international payments. As the global economy becomes increasingly interconnected, smaller businesses and consumers will also need access to systems that enable easy cross-border payments. innovations.

Cross-Border Payments 81

Cross-Border Payments Cross-Border ISO 20022 ISOs 81

PYMNTS

APRIL 24, 2017

BBVA plans to offer Ripple’s service to a small group of clients in the coming weeks as a tryout, giving corporate customers a quicker and cheaper way to pay overseas suppliers and execute other international transactions, said Alicia Pertusa, head of the lender’s Digital Transformation in the Investment Banking unit.

Cross-Border Payments 43

Cross-Border Payments Transactions Cross-Border Blockchain 43

The Fintech Times

FEBRUARY 21, 2024

Practical improvements await Rachel Levi, global head of innovation engineering, SWIFT Rachel Levi , global head of innovation engineering, Swift , the cross-border payments provider, notes how the company and ecosystem are working to make practical improvements to international payment speed.

Cross-Border Payments 78

Cross-Border Payments Cross-Border ISO 20022 SWIFT 78