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Championing Swift Connectivity for Private Banks and Asset Managers in APAC

Fintech News

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+).

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Keeping Up with the Pace: Modernising Payment Systems

Fintech News

The necessity for modernisation is driven by several key factors, including the migration to ISO 20022, the rise of Open Banking and the introduction of Central Bank Digital Currencies (CBDCs).

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U.S. Faster Payments Council Explores the Practicalities of Cross-Border Payments in a Faster Payments World

Fintech Finance

Innovations in financial technology, such as blockchain, real-time payment networks, and standardized messaging formats like ISO 20022, offer opportunities to streamline and improve cross-border payments. Overcoming these challenges is crucial for fostering global economic growth and enabling seamless international transactions.”

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Today In Digital-First Banking: Banque de France Completes CBDC Pilot; New PPP Extends $5 Billion In Loans In First Week

PYMNTS

In today’s top news in digital-first banking, Banque de France has completed its central bank digital currency (CBDC) test, while roughly 60,000 loans were distributed during the first week of the reopened Paycheck Protection Program (PPP). Citi To Accelerate ISO 20022 Adoption Via Volante Partnership.

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Visa’s Phalen: Better Collaboration Will Push B2B Payments Into The Digital Age

PYMNTS

Interoperability will get a boost with messaging standards such as ISO 20022. Delving Into Digital Currencies. Phalen noted that the discussion is accelerating around the creation and adoption of digital currencies — with some important stakeholders getting on board.

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How Visa, FIS, TCH, SWIFT, Nacha and Circle See The Future of Faster, Real Time Payments Rails

PYMNTS

The stage may even be set for the emergence of digital currencies, and as Circle’s Allaire said digital dollars (with 500 percent growth through the past several months), among others, have “really started to become not just a technical reality, but a legal and regulatory reality as well.”.

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FPC 2023 Spring Member Meeting

Faster Payments Council

Learn how to position ISO 20022 as a part of an organization's broader payments modernization strategy. Learn how to position ISO 20022 as a part of an organization's broader payments modernization strategy. These projects are taking different implementation approaches.

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