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Open Banking Targets SMB Apps, Payments Data

PYMNTS

Automating the flow of payment-related data will support back-office process efficiencies, and address fraud concerns. The solution will deploy blockchain, standardized APIs from Afinis and payments messaging standard ISO 20022. ” Payrailz Targets Credit Union Banking-as-a-Service.

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Finastra Boosts Its Payments Processing Strategy with Fed Certification for ISO 20022

Fintech Finance

The certification, which enables and supports compliance to ISO 20022 messaging standards for Fedwire, applies to four of Finastra’s payment processing solutions, facilitating increased innovation for financial institutions across the United States.

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Same Day ACH: Impacts At The Intersections

PYMNTS

23, the industry welcomed the rollout of ubiquitous faster payments to every consumer and business in the U.S. via all banks and credit unions. NACHA’s launch of Same Day ACH ushered in three settlement windows, enabling ACH payments to be received same day.

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How ISO 20022 Can Boost Interoperability, Intelligence

PYMNTS

Standardizing Payment Technology for Smarter, Safer Payments. ISO 20022 is designed as a global messaging standard that can be used by all financial standards initiatives. There are so many financial institutions and players, and it isn’t just banks or credit unions,” he said.