The Payments Association

JUNE 3, 2025

Early deployments across Asia, the Caribbean, and Europe reveal how people are using CBDCs, how merchants are responding, and what this means for cross-border payments in an increasingly interconnected world. Yet, merchants, especially small businesses, face real hurdles.

CBDC

Finextra

JULY 9, 2025

With APIs, ISO 20022 messaging, and global collaborations, real-time payments are transforming the way companies operate across borders. Waiting days or weeks for international payments to clear used to be the norm. But the rise of real-time payments (RTP) is changing that.

Real Time Payments

Fintech Finance

AUGUST 6, 2025

Finzly is emerging as the ideal partner offering a composable, ISO 20022-native platform with smart routing, real-time APIs, and a programmable rules engine that mirrors the flexibility of digital assets like stablecoins. What are the use cases and benefits of stablecoins and tokenized deposits for financial institutions?

Stablecoins

Finextra

JUNE 19, 2025

On-Demand 230 registered Online Join this Webinar How is the macro-economic environment reshaping global trade and payment requirements? On-Demand 230 registered Online Join this Webinar How is the macro-economic environment reshaping global trade and payment requirements?

Multi-Currency

Finextra

JULY 2, 2025

Dynamic ESG Pricing: Payment engines can adjust fees and FX spreads in real time based on a corporate’s live ESG score. Tokenized Sustainability Credits: Corporates can settle parts of cross-border payments with on-chain carbon tokens or biodiversity credits, automating offset procurement during reconciliation.

Transactions

Finextra

AUGUST 11, 2025

Meanwhile, the UAE is working with other markets, particularly in the Mena region, to facilitate cross-border payments and offshore holdings of the Digital Dirham.

ISO 20022

The Payments Association

AUGUST 8, 2025

By 2030, the payments landscape will look radically different from today, shaped by disruptive technologies, shifts in consumer expectations, digital regulatory frameworks, and new global infrastructures. In essence, payments are no longer an action; they are becoming infrastructure. in fees on average. to under 1%. What comes next?

Cross-Border

Payments Dive

JULY 11, 2025

Deep Dive Opinion Library Events Press Releases Topics Sign up Search Sign up Search Retail Banking Restaurants Regulations & Policy Risk Technology B2B An article from Fed’s ISO ‘big bang’ hits next week The Federal Reserve’s shift of trillions of dollars in payments to the new ISO 20022 standard Monday will reverberate around the world.

ISOs

Fintech Finance

APRIL 24, 2024

With just over 18 months to go until the ISO 20022 compliance deadline, leading Quality Engineering company, Roq , is urging UK financial institutions to take the necessary measures now to finalise their plans and focus on the execution of a programme that is, by all published metrics, some way behind the curve.

ISO 20022

Fintech News

OCTOBER 20, 2024

This eliminates the need for complex and costly API integrations, making cross-border payments faster and more affordable. By utilising Swift MT and ISO 20022 messaging formats, Nium enables seamless connectivity for banks, facilitating quicker settlements and enhanced transparency.

Cross-Border Payments

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. ISO 20022 will modernize international and domestic payment rails, enabling right and new payment services.”

ISO 20022

Fintech Finance

NOVEMBER 8, 2024

Nium , the leading global infrastructure for real-time cross-border payments, today announced a partnership with Ecobank Transnational Incorporated., the leading independent pan-African financial services group, to enable seamless cross-border payments across 35 African markets for more than 32 million customers.

Cross-Border Payments

Fintech News

JULY 3, 2024

The Bank for International Settlements (BIS) and its partners have revealed the comprehensive blueprint for phase three of Project Nexus, which seeks to address longstanding challenges in international money transfers by leveraging the power of domestic instant payment systems (IPS). trillion by 2025.

Cross-Border Payments

Fintech News

AUGUST 8, 2024

This connectivity is not just a technical necessity but a strategic imperative for seamless settlement, reconciliation and post-trade operations, enhanced transparency, and operational efficiency. As the industry evolves, adopting robust standards like ISO 20022 becomes crucial for driving these benefits.

ISO 20022

Fintech News

OCTOBER 23, 2024

The BIS Innovation Hub (BISIH) Singapore Centre has announced the next phase of Project Nexus , aimed at making instant cross-border payments a reality. Launched in November 2018, TIPS enables real-time payments across Europe, facilitating instant transfers between European banks.

Central Bank

Fintech News

NOVEMBER 5, 2024

Project Nexus is designed to enhance cross-border payment efficiency by linking various domestic instant payment systems on a global scale. The project is a collaboration between the Bank for International Settlements (BIS) Innovation Hub and central banks from India, Malaysia, the Philippines, Singapore, and Thailand.

ISO 20022

The Fintech Times

FEBRUARY 21, 2024

Having reflected on what the top priority is for businesses looking to enter the cross-border payments space, we now turn our attention to the future, and how the sector will evolve in 2024. “Supporting this effort requires rich, structured data that is channelled through a common standard. .

Cross-Border Payments

ACI Worldwide Blog

MAY 13, 2024

ISO 20022 is a messaging standard used across the financial industry. In the domestic Real-Time Gross Settlement (RTGS)/Wire and cross-border payment spaces, transformation to the most recent ISO 20022 (HVPS+ and CBPR+) messaging standards has been ongoing since 2022.

ISO 20022

PYMNTS

AUGUST 15, 2019

In today’s digital age, however, speedy transactions depend on payment rails that support rapid settlement and messaging standards that enable sending and quickly processing comprehensive payment details. . Deep Data For Swift, Secure Payments . High-value payment systems operated by the U.S.

ISO 20022

Fintech Finance

APRIL 10, 2024

The CHIPS® network, the largest private-sector high-value clearing and settlement system in the world, which is operated by The Clearing House , successfully migrated to the ISO 20022 message format on the April 8 banking day.

ISO 20022

PYMNTS

FEBRUARY 21, 2019

Separately, in terms of individual company news, and also in Europe, EastNets and Bankingblocks said they have teamed up to present modular “banking blocks” aimed at faster cross-border payments. In Canada, Payments Canada said on Wednesday (Feb.

Cross-Border

The Payments Association

MAY 16, 2025

The risks of legacy settlement logic Payment networks still rely on response codes to indicate transaction statusan outdated approach in a real-time environment. Consider cross-border payments: Milliseconds after funds reach a recipients account, they may be withdrawn or spent. FX exposure from failed settlements.

ISO 20022

Fintech Finance

OCTOBER 21, 2024

Nium , the leading global infrastructure for real-time cross-border payments, today announced that financial institutions can now leverage Swift capabilities and their existing Swift infrastructure to connect to Nium’s global real-time payments network.

Real Time Payments

Fintech Finance

JULY 1, 2024

The Bank for International Settlements (BIS) and partners today announced that they have completed the comprehensive blueprint for phase three of Project Nexus, which will allow ready participants to work towards the next stage of seamlessly connecting their instant payment systems.

Instant Payments

PYMNTS

APRIL 29, 2019

Many countries around the world are rolling out instant payments schemes that bring speed and convenience to payments made within their own borders. Unfortunately, those benefits are often limited when it comes to cross-border payments. Mixed Demand and ISO 20022. and Australia’s NPP.

Interoperability

Faster Payments Council

AUGUST 23, 2024

Financial Institutions are enabling use cases and improving send reach that allows customers to manage their cash on hand and easily disburse payments up to the due date while maintaining a positive account status and avoiding late fees. cross-border ambitions continue to increase. Speakers: Laura Sullivan, Form3; Kenneth T.P.

FPC

Fintech Finance

APRIL 17, 2024

one of the largest banks in Japan, and Crédit Agricole Corporate & Investment Bank , one of the leading investment banking groups in Europe, successfully completed the first payment in the ISO 20022 message format on The Clearing House’s CHIPS® network, the largest private-sector high-value clearing and settlement system in the world.

ISO 20022

PYMNTS

AUGUST 23, 2019

To compare payment rails to real-life rails, no rail passenger wants to travel faster without assurance that they are traveling safely. The conversation took place against a backdrop of rapid growth in demand for real-time payment systems in some domestic markets. In the domestic payments space, the U.S.

Real Time Payments

PYMNTS

MAY 1, 2019

and cross-border payments. Volante explained that VolPay-as-a-Service supports management of a range of corporate enterprise resource planning and acknowledgement formats to streamline corporate customer on-boarding for financial institutions, automating the process of connecting businesses to payment service providers via API.

ISO 20022

Fintech Finance

OCTOBER 29, 2024

In addition, adopting Volante’s platform, accelerates Standard Bank’s transition to ISO 20022 standards , benefiting both the bank and its clients. Together, we are transforming the payments landscape while empowering communities and fostering growth across Africa.”

ISO 20022

PYMNTS

MARCH 14, 2019

” Cross-Border Payments in the Crosshairs. One of the areas of corporate finance experiencing the biggest exposure to these disruptors is global payments. “If you look at cross-border payments, at the highest level they are the settlement engine for a rapidly globalizing economy,” said Kohli.

Global Payments

The Payments Association

MAY 16, 2025

Implementation is expected in late 2025 or early 2026, bringing stablecoin issuers, custodians, and payment processors under FCA supervision. Amend commercial terms to define finality, dispute resolution, and fallback payment options. If implemented correctly, enhanced payment traceability can reduce disputes and costs.

Regulations

PYMNTS

AUGUST 28, 2019

One of the most prominent payment industry trends to support real-time payments adoption is the focus on ISO 20022 payment message standardization, said Cooley. This is particularly true, he said, when supporting faster payment capabilities across borders.

ISO 20022

The Fintech Times

MAY 9, 2024

. “This includes cross-border payments , KYC and anti-money laundering (AML), external provider matching, international supply chain relationships, environmental, social and governance ( ESG ) reporting, and digital identity applications.

ISO 20022

PYMNTS

APRIL 8, 2020

Making cross-border payments work — across currencies and across time zones — is no easy task. The challenges are myriad, marked by (to name just a few) legacy systems; new domestic, faster payments rails; and the need to manage and mitigate fraud risk. “That isn’t changing,” said Brandli.

Real Time Gross Settlement (RTGS)

PYMNTS

DECEMBER 4, 2018

The payment messaging entity SWIFT this past week began implementing its SWIFTNet Instant service that is tied to the Eurosystem’s TARGET Instant Payment Settlement service. The service, as has been reported, lets customers make instant payments from inside the Single Euro Payments Area (also known as SEPA ).

Instant Payments

PYMNTS

NOVEMBER 2, 2020

Interoperability will get a boost with messaging standards such as ISO 20022. Corporates — who really may not be concerned with the rails and mechanics that underpin transactions — will be able to make and receive payments in the manner they want, intuitively and with flexibility.

B2B