Fintech News

JUNE 16, 2025

Ricky now serves as Managing Director for South Asia at TBCASoft, a global fintech driving next-generation cross-border NFC and QR person-to-merchant (P2M) payments using blockchain-based technology. Eli Shoshani Eli Shoshani is Head of APAC at Bottomline , a leader in global business payments with extensive expertise in the region.

Cross-Border Payments 79

Cross-Border Payments Cross-Border APACS ISO 20022 79

Fintech News

DECEMBER 10, 2023

Tackling this challenge requires a multifaceted approach focusing on data accuracy, technology integration, fraud prevention, and balancing customer experience with regulatory compliance. Understanding the complexity of payments At first glance, payment processes may seem straightforward but can be deceptively intricate.

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Addressing Fraud Prevention Financial Inclusion Payments 120

PYMNTS

SEPTEMBER 27, 2019

Criticism of the world’s correspondent banking network continues to mount — and at the same time, the number of correspondent banking relationships is on the decline. The Financial Stability Board released analysis last year that found SWIFT interbank payment messages reflected a 4.1

Correspondent Bank 55

Correspondent Bank Correspondent Cross-Border ISO 20022 55

PYMNTS

AUGUST 1, 2019

In the latest Smarter Payments Tracker , PYMNTS takes a deep dive into the challenge of interoperability in achieving better cross-border payments services and experiences. In its announcement , SWIFT noted that this standardization will be especially impactful for high-value corporate payments within the correspondent banking sphere.

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Interoperability ISO 20022 Cross-Border Correspondent Bank 61

PYMNTS

AUGUST 16, 2019

Last month, SWIFT released its first set of guidelines for financial institutions using the ISO 20022 payments messaging standard to complete cross-border transactions. Just 8 percent of corporations are using alternative providers to make cross-border payments, and 55 percent have no plans to do so. Challenges Aren’t Universal.

Cross-Border Payments 81

Cross-Border Payments Cross-Border ISO 20022 ISOs 81

PYMNTS

SEPTEMBER 11, 2019

A majority (61 percent) regarded the flexibility and standardized nature of global data formats to be a benefit of real-time payments, which speaks to the importance of real-time payments for cross-border. Businesses that use real-time payments are more competitive, as the technology is becoming the standard for global commerce.

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

PYMNTS

APRIL 6, 2016

Payments messaging firm SWIFT is looking to gain support for its global payments initiative and, most recently, announced the latest backers of the pilot program. The company said it will hope to improve the transparency and speed of global payments with the program.

Cross-Border Payments 41

Cross-Border Payments Cross-Border B2B SWIFT 41