Fintech News

OCTOBER 20, 2024

Nium, a global payments infrastructure provider, announced that financial institutions can now connect to its real-time payments network using their existing Swift infrastructure. This eliminates the need for complex and costly API integrations, making cross-border payments faster and more affordable.

Cross-Border Payments 135

Cross-Border Payments Cross-Border SWIFT ISO 20022 135

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. Cross-border transactions were traditionally slow, costly, and opaque.

Real Time Payments 52

Real Time Payments Cross-Border ISO 20022 Transactions 52

PYMNTS

FEBRUARY 26, 2020

PYMNTS recently spoke with Saqib Sheikh, global head of SWIFT’s ISO 20022 program, to learn more about SWIFT’s commitment to assist the financial community in the transition to the new standard in cross-border payments: ISO 20022. Richer Data With A Little Help From Our Friends .

ISO 20022 104

ISO 20022 ISOs SWIFT Cross-Border Payments 104

Finovate

FEBRUARY 20, 2025

Finzly’s technology enables 100% straight-through processing (STP) and will help ensure the bank is compliant with upcoming ISO 20022 regulations. The deployment enables 100% straight-through processing (STP) and facilitates the bank’s compliance with upcoming ISO 20022 compliance requirements ahead of schedule.

FedWire 115

FedWire ISO 20022 ISOs Payment APIs and Integration 115

The Payments Association

JANUARY 15, 2025

Swift drives global interoperability and innovation, aligning with the UK’s National Payments Vision to enhance seamless, secure payments. The UKs payments landscape is at an inflexion point.

SWIFT 88

SWIFT ISO 20022 Cross-Border Cross-Border Payments 88

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

PYMNTS

OCTOBER 7, 2020

Oracle Banking Payments announced Wednesday (Oct. 7) that it is supporting SWIFT ’s latest service to speed effortless global cross-border payments for small- and medium-sized business (SMBs) and consumer markets. “We The subsidiary of Oracle Corp. is an IT solution provider to the financial services industry.

Cross-Border Payments 145

Cross-Border Payments Cross-Border SWIFT ISO 20022 145

The Payments Association

JUNE 7, 2024

Adopting ISO 20022 is essential for modernising cross-border payments, enhancing fraud prevention, and ensuring seamless interoperability and efficiency in international financial transactions. Read more

ISO 20022 88

ISO 20022 Cross-Border Payments Cross-Border Fraud Prevention 88

Finextra

JULY 3, 2025

Speaking to FinextraTV, Barry Rodrigues, EVP Payments, Finastra, explains how financial institutions can embrace the changing payment trends and leverage these to maximise business value.

Payments Trends 52

Payments Trends ISO 20022 Cross-Border Payments Cross-Border 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 Finance

APRIL 17, 2025

Swift today announced the launch of an enhanced solution for managing payment investigations that could save the financial industry millions and significantly reduce the time it takes to identify and resolve issues when international payments are delayed. Financial institutions spend more than USD 1.6

Cross-Border Payments 52

Cross-Border Payments Cross-Border SWIFT ISO 20022 52

Finextra

JUNE 29, 2025

The legislation would limit the issuance of payment stablecoins in the United States to “permitted payment stablecoin issuers” (“PPSIs”) and qualifying foreign issuers. Market Size Value of cross-border payments is estimated to reach a minimum $ 250 trillion by 2027. Stablecoins Act” or “GENIUS Act.”

Cross-Border Payments 52

Cross-Border Payments Cross-Border Stablecoins Payments 52

The Paypers

DECEMBER 10, 2021

Global provider of secure financial messaging services SWIFT has announced the translation availability for its ISO 20022 customer testing environment for cross-border payments.

ISO 20022 78

ISO 20022 Cross-Border Payments Cross-Border ISOs 78

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 Fintech Times

FEBRUARY 5, 2024

The adoption of digital payments is rapidly developing markets to the point that the value of B2B payments are set to grow by 40 per cent by 2028, from $89trillion in 2024 according to research from Juniper Research , the market research firm. This was restricting digital access and innovation.

Cross-Border Payments 119

Cross-Border Payments Cross-Border ISO 20022 Research 119

Finextra

MAY 14, 2024

In today’s interconnected economy, efficient cross-border payments are crucial for businesses and in.

Cross-Border Payments 93

Cross-Border Payments Cross-Border ISO 20022 ISOs 93

The Payments Association

MARCH 19, 2025

Legacy systems are increasingly unreliable, expensive to maintain, and resistant to modern payment innovations. Enhance cross-border payments by integrating an always-on solution directly and locally with regional and global payment networks, ensuring compliance with constantly evolving regulatory standards.

Payment APIs and Integration 88

Payment APIs and Integration Innovation Cross-Border ISO 20022 88

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.

ISO 20022 87

ISO 20022 ISOs Cross-Border Interoperability 87

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

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.

Cross-Border Payments 98

Cross-Border Payments Cross-Border SWIFT ISO 20022 98

PYMNTS

MARCH 16, 2020

Cross-border payments via Swift’s ISO 20022 migration, originally set to roll out by November 2021, have now been set back a year and are expected to come by the end of 2022 instead, according to reports. ISO 20022 is set to make changes to the payment landscape as a whole, according to the company.

ISO 20022 78

ISO 20022 ISOs SWIFT Cross-Border Payments 78

Fintech News

JANUARY 9, 2025

Marking a pivotal point, Indonesias efforts underscore its drive to harness digital technologies for modernising payment systems while safeguarding financial stability and promoting inclusivity. These advancements will expand the utility of the Digital Rupiah within Indonesias financial ecosystem and potentially in cross-border contexts.

Distributed Ledger Technology (DLT) 127

Distributed Ledger Technology (DLT) Multi-Currency Interoperability ISO 20022 127

Finextra

JUNE 24, 2025

While the challenges of case management and inefficient E&I processes are not new, the need to address them is more pressing than ever – especially given the G20’s roadmap deadline and the impending global migration to ISO 20022.

ISO 20022 52

ISO 20022 Cross-Border Payments Cross-Border ISOs 52

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 98

Cross-Border Payments Cross-Border ISO 20022 Payment APIs and Integration 98

PYMNTS

SEPTEMBER 23, 2019

The phase 1 implementation of the ISO 20022 migration strategy that was scheduled for November 2020 is being postponed by the Federal Reserve Bank, the U.S. SWIFT announced last year that it is planning to allow its users to send data-rich ISO 20022 messages across its global network starting in November 2021.

ISO 20022 76

ISO 20022 Federal Reserve ISOs FedWire 76

The Payments Association

NOVEMBER 2, 2023

Join this Webinar to hear from Bottomline and other key industry experts from Swift and HSBC as they discuss: • What is the current status of CBPR+ and ISO 20022 migrations? What are the benefits of ISO 20022 native over the other options? What are some of the use cases for fully leveraging the benefits of ISO 20022? •

ISO 20022 88

ISO 20022 ISOs On-Demand SWIFT 88

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). How Does Project Nexus Work? trillion by 2025.

Cross-Border Payments 117

Cross-Border Payments Cross-Border Instant Payments Central Bank 117

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. However, Payments involve both transmitting and representing value, typically as claims or liabilities recorded within financial systems.

CBDC 88

CBDC Cross-Border Central Bank Cross-Border Payments 88

The Payments Association

JUNE 3, 2025

Once a system for masking sensitive data, tokenisation has evolved into a foundational technology for enabling secure, interoperable, and scalable digital payments. However, with its growing role comes increasing complexity, particularly in terms of integration, regulation, and the architecture of future payment flows.

Security 88

Security Payment Security Payment APIs and Integration Credential 88

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

Finextra

SEPTEMBER 18, 2024

Faster Payments Council (FPC), a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, today announced the release of two complementary reports from its Cross-Border Payments Work Group, sponsored by Mastercard: How to ISO 20022 and Distinguishing Advantages in the Format & Structure of ISO 20022 for Instant (..)

ISO 20022 64

ISO 20022 ISOs Faster Payments FPC 64

PYMNTS

JULY 29, 2020

and China heating to a boil, one of China’s top banks is urging financial institutions (FIs) to cut their use of the SWIFT financial messaging network for cross-border transactions. According to Reuters, the report urges increased use of the Cross-Border Interbank Payment System ( CIPS ) instead of the Belgium-based SWIFT system.

ISO 20022 116

ISO 20022 SWIFT Cross-Border ISOs 116

Fintech News

AUGUST 8, 2024

As the industry evolves, adopting robust standards like ISO 20022 becomes crucial for driving these benefits. B2B payments service provider Bottomline ‘s on-demand webinar, “Championing Swift Connectivity for Private Banks and Asset Managers in APAC,” explores these critical developments in depth.

ISO 20022 127

ISO 20022 APACS SWIFT ISOs 127

PYMNTS

JANUARY 7, 2021

There are a lot of moving parts in B2B payments that are keeping corporate finance executives busy as they work to modernize and optimize their operations. In 2020, many of the biggest pain points in B2B payments were revealed, particularly when transactions move across border. Marrying Payments With Data.

Cross-Border 97

Cross-Border B2B Payment APIs and Integration ISO 20022 97

PYMNTS

NOVEMBER 27, 2019

The global payments ecosystem’s path to faster and real-time payments ubiquity is an evolution, not a revolution. Among corporates, there is an increasing demand that their global payment activity is able to keep up with the pace of doing business. Progress in Tackling Cross-Border Payments Friction.

ISO 20022 117

ISO 20022 Cross-Border Payments ISOs Cross-Border 117

Finextra

JULY 2, 2025

Companies published sustainability reports to satisfy investors and regulators, but these reports stayed in annual documents and never touched daily payment systems. Banks and Fintechs now add sustainability scores to every payment. Next came green bonds and sustainability linked loans that tied borrowing costs to ESG goals.

Transactions 59

Transactions ISO 20022 Payment APIs and Integration Payments 59

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