Fintech Finance

SEPTEMBER 18, 2024

These reports serve as critical resources for financial institutions seeking to implement ISO 20022, a global standard that is reshaping the landscape of financial messaging. The first report, How to ISO 20022, provides a detailed roadmap for financial institutions on how to successfully adopt and implement ISO 20022.

ISO 20022 96

ISO 20022 ISOs Faster Payments FPC 96

Fintech Finance

APRIL 17, 2025

The speed of cross-border payments has significantly improved in recent years 90% of transactions over Swift, for example, reach end banks within an hour and most are automatically processed. Case Management is part of a suite of solutions available to Swift customers that help address friction in cross-border transactions.

Cross-Border Payments 52

Cross-Border Payments Cross-Border SWIFT ISO 20022 52

Fintech Finance

SEPTEMBER 17, 2024

Kani Payments , the disruptive global data reconciliation and reporting pioneer, today announces it is ready to support the ISO 20022 global messaging standard ahead of the November 2025 implementation date.

ISO 20022 105

ISO 20022 ISOs Reconciliation Message Standards 105

Fintech News

JANUARY 9, 2025

The processes included converting reserve account balances into digital Rupiah and vice versa, ensuring seamless interoperability with Bank Indonesias Real-Time Gross Settlement (BI-RTGS) system. These advancements will expand the utility of the Digital Rupiah within Indonesias financial ecosystem and potentially in cross-border contexts.

Distributed Ledger Technology (DLT) 124

Distributed Ledger Technology (DLT) Multi-Currency Interoperability ISO 20022 124

Finextra

JULY 19, 2024

Morgan Payments, explores the cross-border impact of SEPA on European and global interoperability and why ISO 20022 is crucial for financial institutions. At EBAday 2024, Renata Vilanova Lobo, Head of Global Clearing, J.P.

ISO 20022 87

ISO 20022 ISOs Cross-Border Interoperability 87

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 76

ISO 20022 ISOs SWIFT Cross-Border 76

The Payments Association

JUNE 3, 2025

James Hurren explores what early CBDC deployments across Asia, the Caribbean, and Europe reveal about usage, adoption, and the future of cross-border digital money. Beyond technical proof points, these initiatives underscore the need for global interoperability.

CBDC 88

CBDC Cross-Border Central Bank Cross-Border Payments 88

Fintech Finance

JANUARY 11, 2024

Faster Payments Council (FPC) , a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, today published its latest research report, titled The Practicalities of Cross-Border Payments in a Faster Payments World.

Cross-Border Payments 93

Cross-Border Payments Cross-Border Faster Payments ISO 20022 93

The Payments Association

JUNE 3, 2025

Tokenisation is now a core enabler of secure, interoperable digital paymentspowering embedded finance, asset tokenisation, and evolving identity flows. Once a system for masking sensitive data, tokenisation has evolved into a foundational technology for enabling secure, interoperable, and scalable digital payments.

Security 88

Security Payment Security Payment APIs and Integration Credential 88

Fintech News

AUGUST 8, 2024

As the industry evolves, adopting robust standards like ISO 20022 becomes crucial for driving these benefits. The Role of ISO 20022 in Seamless Settlement and Post-Trade Operations In 2018, the Swift community decided to adopt ISO 20022 for cross-border payments and reporting (CBPR+).

ISO 20022 124

ISO 20022 APACS SWIFT ISOs 124

Fintech Finance

OCTOBER 17, 2024

Swift today published new data which reveals continued progress towards meeting the G20’s goal for the speed of cross-border payments, reporting that 90% of cross-border payments made over the Swift network reach the destination bank within an hour. Swift is committed to continuing to support these efforts.”

Cross-Border Payments 98

Cross-Border Payments Cross-Border SWIFT ISO 20022 98

The Payments Association

MARCH 19, 2025

The high price of legacy in a payments-first world Banks that continue to rely on legacy infrastructure face mounting challenges: Limited scalability: Legacy tech wasnt built for real-time, cross-border, 24/7 payments or seamless integration with regional schemes. This can be on-prem, or hosted in any private or public cloud.

Payment APIs and Integration 88

Payment APIs and Integration Innovation Cross-Border ISO 20022 88

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. Privately-owned companies are also looking to solve the cross-border payments problem.

Interoperability 77

Interoperability ISO 20022 Instant Payments Cross-Border 77

PYMNTS

AUGUST 16, 2019

Cross-border payments are expected to surge over the next few years as the economy becomes increasingly global and interconnected. The latest Smarter Payments Tracker looks at the infrastructure developments that are making cross-border payment systems faster, more seamless and interoperable.

Cross-Border Payments 81

Cross-Border Payments Cross-Border ISO 20022 ISOs 81

Fintech News

FEBRUARY 28, 2025

The significance of cross-border payments has never been greater. Yet, despite the rise of instant domestic payments, cross-border transactions remain slow, costly, and inefficient. However, these systems are not inherently connected across borders, making international transactions much more cumbersome.

Cross-Border Payments 67

Cross-Border Payments Cross-Border ISO 20022 Payment APIs and Integration 67

PYMNTS

NOVEMBER 27, 2019

According to Tom Halpin, head of payment products at HSBC , faster and real-time payment services don’t only provide the value of speed for corporate clients, especially in the context of cross-border transactions. Progress in Tackling Cross-Border Payments Friction. Progress in Tackling Cross-Border Payments Friction.

ISO 20022 117

ISO 20022 Cross-Border Payments ISOs Cross-Border 117

Finextra

FEBRUARY 13, 2024

We explore the significance of interoperability and the prioritisation of standardisation to enhance cross-border transactions. Additionally, we explain the key methods for ensuring seamless transactions across borders, leveraging ISO 20022 data and AI for fraud prevention, resilience, and scalability across all 13 markets.

ISO 20022 108

ISO 20022 Cross-Border Fraud Prevention ISOs 108

PYMNTS

AUGUST 15, 2019

The ISO 20022 messaging standard has been seen as a potential way of achieving the latter, and has been drawing increasing global attention. ISO 20022 introduced a range of data fields that allow transactional details to be remitted along with payments. Interoperability And Adoption . Hurdles And Supports .

ISO 20022 58

ISO 20022 ISOs Interoperability Message Standards 58

PYMNTS

SEPTEMBER 11, 2019

According to the new Simplifying Cross-Border Payments Playbook , there are five key criteria that an ideal cross-border payment solution should meet: speed, security, compliance, transparency and ubiquity. How Cross-Border Payments Are Made. So, what’s the problem? What’s Changing?

Cross-Border Payments 76

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

Finextra

JUNE 18, 2025

This second live pilot confirmed the cross-border capabilities of the solution — no local adaptation was required. Interoperability across multiple domestic and international card schemes without cobadging constraints. The pilot demonstrated: No impact on customer experience: payment remained seamless at checkout.

ISO 20022 52

ISO 20022 Transactions Payment APIs and Integration Cross-Border 52

PYMNTS

AUGUST 1, 2019

Financial service providers are operating in a global payments market filled with disruption as they work to offer cross-border corporate payment services that live up to businesses’ standards. ISO 20022 will modernize international and domestic payment rails, enabling right and new payment services.”.

Interoperability 61

Interoperability ISO 20022 Cross-Border Correspondent Bank 61

Fintech Finance

JULY 11, 2024

It is based on the ISO 20022 messaging standard which Switzerland has been using for several years. The standard helps facilitate interoperability and cross-border transactions, also giving Swiss banks the opportunity to implement international payment capabilities in the future.

Instant Payments 115

Instant Payments Facilitators ISO 20022 Message Standards 115

Faster Payments Council

AUGUST 23, 2024

2:20pm-3:00pmMT: Concurrent Breakout Session – The Power of ISO 20022: Unlocking Efficiency and Global Reach in Payments (Capitol Ballroom 7) The world of payments is undergoing a major transformation with the adoption of ISO 20022. cross-border ambitions continue to increase.

FPC 128

FPC ISO 20022 Federal Reserve Instant Payments 128

Trade Credit & Liquidity Management

MAY 29, 2025

However, the industry is moving toward best practices and standardized data formats such as ISO-20022 to ease cross-border invoicing. The Importance and Impact of ISO-20022 ISO 20022 is an international standard for financial messaging developed by the International Organization for Standardization (ISO).

ISO 20022 52

ISO 20022 ISOs Compliance Cross-Border 52

PYMNTS

MARCH 16, 2016

When analysts from SWIFT and its ISO 20022 Registration Authority took a look at the various efforts behind adoption of the global messaging standard in 2014, a report found that while implementation projects were on their way across Europe, Russia and Africa, among the laggards were the U.S. and Canada.

ISO 20022 40

ISO 20022 ISOs Message Standards Cross-Border 40

Fintech Finance

MAY 22, 2025

Aligned with ISO 20022 and powered by our partnership with ACI Worldwide, CIMB is positioning itself at the forefront of next-generation banking,” said Ros Aziah, Group Chief Technology Officer, CIMB Bank. .

ISO 20022 91

ISO 20022 Cross-Border ISOs Payments 91

The Payments Association

JANUARY 22, 2025

Additionally, standardisation of digital IDs is required to ensure they are interoperable with TSA systems. In Europe, the EU’s eIDAS regulation promotes cross-border recognition of electronic identities, facilitating seamless travel within member states. Thats smart, convenient and secure.

Security 88

Security Online and Mobile Banking Credential Verification 88

PYMNTS

AUGUST 16, 2019

Corporate leaders want cross-border systems to deliver that same level of responsiveness. The cross-border payment space is ready — and perhaps overdue — for disruption. Cross-border transactions are expected to rise in the coming years despite this trend, reaching an estimated $280 billion by 2024.

Cross-Border Payments 54

Cross-Border Payments Cross-Border ISO 20022 Interoperability 54

Fintech Finance

SEPTEMBER 25, 2024

The two companies will join forces to offer a one-stop payment acceptance solution for payment service providers and merchant acquirers to create a seamless and secure payment ecosystem for processing domestic and cross-border payments.

ISO 20022 104

ISO 20022 Cross-Border Payments Stop Payment Acquirers 104

PYMNTS

AUGUST 19, 2016

As SWIFT continues to promote the adoption of the ISO 20022 payments messaging standard across financial institutions, the company said it is zeroing in on the potential for ISO 20022 harmonization in the high-value payments space. To highlight that potential, SWIFT revealed on Thursday (Aug.

ISO 20022 40

ISO 20022 ISOs SWIFT Message Standards 40

Faster Payments Council

MARCH 15, 2023

Whether we will see these services gain traction is tied to what many believe to be a major hurdle–interoperability. FedNow may not interoperate with RTP, and it doesn't seem to be a priority for either. Some are retail, some are wholesale, some are domestic, some are regional, and some are cross border.

FPC 88

FPC ISO 20022 Cross-Border Payments Federal Reserve 88

PYMNTS

NOVEMBER 2, 2020

Tech-driven Interoperability and collaboration will finally bring trillions of dollars into the digital age, Kevin Phalen , head of global business solutions at Visa , told Karen Webster in a recent interview. Interoperability will get a boost with messaging standards such as ISO 20022. Improving Cross-Border Flows.

B2B 119

B2B Cross-Border Digital Currency Multi-Currency 119

The Fintech Times

JULY 15, 2024

” The SIC5 system, developed by the Swiss National Bank and SIX, uses the ISO 20022 messaging standard, enhancing interoperability and cross-border transactions, and paving the way for future international payment capabilities for Swiss banks.

Instant Payments 72

Instant Payments ISO 20022 Fraud Prevention Message Standards 72

PYMNTS

JUNE 16, 2020

As the financial services industry seeks to expand the use and value of instant payments linking cross-border transactions with always-on digital commerce, uniting far-flung stakeholders and fostering interoperability is key. The holy grail of payments modernization can be boiled down into to one word: standardization.

ISO 20022 72

ISO 20022 Cross-Border B2B ISOs 72

PYMNTS

OCTOBER 15, 2020

But the transition is one that must consider, and maybe even embrace, several emerging options and payment rails in a bid to move data and money more quickly across borders, and move, decisively, away from paper checks. Interoperability In Focus . Yet various networks still need to be able to “talk to each other.”.

Real Time Payments 125

Real Time Payments NACHA SWIFT TCH 125

The Payments Association

MAY 16, 2025

Regulatory developments previously confined to financial institutions and payment service providers are now extending to the systems, practices, and commercial relationships of merchantsparticularly where digital payments, cross-border transactions, and customer data are concerned. to 1.15% for debit and from 0.3% for credit.

Regulations 88

Regulations ISO 20022 Cross-Border Legal 88

The Payments Association

JUNE 11, 2025

Sustainable growth depends on interoperable risk frameworks, shared scam indicators, and coordinated responses, especially as fraudsters grow more agile and cross-border by design." Fraud prevention must evolve into a cross-functional discipline—embedded in product, operations, and governance—not siloed in security.

Risk 88

Risk Fraud Prevention Fraud Detection Payment APIs and Integration 88