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

Fintech News

FEBRUARY 28, 2025

However, BIS will continue providing technical advisory support, facilitating collaboration among members and potential new participants. Instead, a single connection enables interoperability across all participating nations. By standardising how IPS connect, Nexus eliminates the need for individual agreements between countries.

Cross-Border Payments 70

Cross-Border Payments Cross-Border ISO 20022 Payment APIs and Integration 70

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. Speakers: Laura Sullivan, Form3; Kenneth T.P.

FPC 128

FPC ISO 20022 Federal Reserve Instant Payments 128

Fintech Finance

OCTOBER 17, 2024

At least three financial institutions in 92% of the world’s countries and territories send payments over the Swift network, demonstrating the cooperative’s commitment to interoperating the global financial system and ensuring access to cross-border payments.

Cross-Border Payments 98

Cross-Border Payments Cross-Border SWIFT ISO 20022 98

The Fintech Times

JULY 15, 2024

Facilitating connectivity to SIC Instant Payments, and any critical payments infrastructure of this kind, reflects our commitment to supporting banks on their broader payment modernisation journey – helping them to work in a more agile way and deliver value-added services to customers.” .

Instant Payments 72

Instant Payments ISO 20022 Fraud Prevention Message Standards 72

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. Learn how to position ISO 20022 as a part of an organization's broader payments modernization strategy.

FPC 88

FPC ISO 20022 Cross-Border Payments Federal Reserve 88

PYMNTS

APRIL 30, 2020

National Institutional Facilitation Technologies (NIFT) has announced a partnership with B2B FinTech Haball for a new contextual railroad to help boost B2B payments in Pakistan, according to a press release. Based on the ISO 20022 framework, the CFT will provide detail on transactions, the press release stated.

B2B 67

B2B ISO 20022 Interoperability Funds Transfer 67

PYMNTS

SEPTEMBER 11, 2019

In June, the Chinese digital payment player Alipay and a handful of European mobile wallets announced a partnership to promote QR code payment interoperability. In July, SWIFT released its first set of guidelines for financial institutions using the ISO 20022 payments messaging standard to complete cross-border transactions.

Cross-Border Payments 76

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

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.

B2B 119

B2B Cross-Border Digital Currency Multi-Currency 119

PYMNTS

MARCH 22, 2020

Nacha-owned membership organization Afinis Interoperability Standards is teaming up with Findland-based XMLdation to automate application programming interface (API) standardization in the payments space, Nacha announced. Afinis has placed a huge emphasis on making the standards not only readable but actionable. This enables banks in the U.S.

API 63

API ISO 20022 NACHA Interoperability 63

Fintech Review

APRIL 9, 2025

and ISO 20022 Compliance With the recent launch of XDC2.0, XDC Network is ISO 20022 -compliant, aligning with the global messaging standard. ISO 20022 is an international standard for electronic data interchange between financial institutions. Powered by XDC2.0

ISO 20022 52

ISO 20022 ISOs Payment APIs and Integration TPS 52

PYMNTS

FEBRUARY 5, 2020

The ACH payments and financial data exchange nonprofit NACHA is developing a digital platform to streamline payments by facilitating data sharing via a centralized hub, NACHA announced Wednesday (Feb. Aside from using the blockchain, it will use Afinis interoperable and standardized APIs, as well as ISO 20022.

NACHA 52

NACHA Phixius B2B Same Day ACH 52

PYMNTS

JANUARY 17, 2018

16), is with Yes Bank, which will leverage HashCash’s HC NET blockchain network to deploy a corporate payments solution that can facilitate cross-border transactions. There is clear value in re-using established business definitions and facilitating interoperability amongst DLT implementations, which this project will demonstrate.”.

Blockchain 46

Blockchain ISO 20022 ISOs SWIFT 46

Fintech News

AUGUST 23, 2024

Over the four-day event, more than 750 expert speakers will participate in 300+ sessions covering a wide range of topics, including AI, digital currencies, tokenization, ISO 20022, environmental, social and governance (ESG) standards, embedded finance, interoperability, and compliance.

APACS 130

APACS FinTech Participant ISO 20022 130

PYMNTS

AUGUST 7, 2019

“We obviously expect that the collective set of technology and the services that we’re buying can be further exported more widely across Europe and into other markets,” he said, with the goal to create an interoperable market of payments schemes that can facilitate account to account payments, in real time, across countries.

Visa 77

Visa Acquirers Real Time Payments ISO 20022 77

PYMNTS

MAY 12, 2020

In addition to supporting the enhancement of the ACH legacy payment rail, GreenBox is embracing a newer infrastructure to facilitate these payouts. The deposits enable companies to access their money on the same day if funds are requested before 11 a.m. Eastern Standard Time, the company said.

B2B 52

B2B Same Day ACH FedNow Federal Reserve 52

Segpay

JUNE 13, 2024

Interoperability: Designed to work alongside existing payment systems. The Federal Reserve developed FedNow , which was designed to facilitate real-time payments across the US. Technological Standards : The EU’s adoption of standardized messaging formats like ISO 20022 for SCT Inst set a technological precedent.

FedNow 52

FedNow Federal Reserve Real Time Payments Instant Payments 52

Finovate

JULY 12, 2024

The technology will enable Affin Bank to process 20%+ more transactions, and enable interoperability among PayNet, RENTAS, and SWIFT using ISO 20022 standards. Okapi Technologies , a Malaysian startup that facilitates financing for solar energy projects, raised an undisclosed amount of funding late last month.

ISO 20022 45

ISO 20022 PCI DSS Payments Online and Mobile Banking 45

PYMNTS

NOVEMBER 3, 2020

Now it’s many more, and we’ve got to be able to facilitate trade for them.”. The end is as good a place as any to start getting a sense of the big themes taking shape, and how we can get there. That’s where the market’s going.

Checks 82

Checks B2B Payments Payment APIs and Integration 82

Fintech News

JANUARY 22, 2025

This shift underlines the global race to upgrade core systems, particularly with looming deadlines for regulatory mandates like ISO 20022. APACs focus on cross-border interoperability, in addition to domestic improvements, highlights the regions commitment to maximising the benefits of real-time payments. the previous year.

Real Time Payments 123

Real Time Payments APACS ISO 20022 Cross-Border 123

The Payments Association

APRIL 14, 2025

Immediate focus areas include fraud prevention, ISO 20022 readiness, and stablecoin regulationbut longer-term success depends on active engagement with consultations, operational resilience, and global alignment. ISO 20022 also unlocks improvements in fraud detection, regulatory reporting, and data analytics.

Regulations 88

Regulations ISO 20022 Cross-Border Legal 88

Fintech News

JANUARY 22, 2025

All of this can be made possible by lowering barriers to entry for new players and promoting interoperability. Payment Innovation and Cross-Border Collaboration The payments sector is undergoing significant transformation, with cross-border interoperability emerging as a major focus area. However, their role is undoubtedly evolving.

Cross-Border 120

Cross-Border Payment APIs and Integration AI Financial Inclusion 120