Facilitators Interoperability Message Standards 
Fintech Finance
OCTOBER 21, 2024
The Central Bank of Kenya (CBK) announces that the Kenya Electronic Payment and Settlement System (KEPSS) has been successfully migrated to the ISO20022 Global Messaging Standard (“ISO20022 Standard”). It is the backbone of Kenya’s domestic and regional payment transactions.
Fintech Finance
JULY 11, 2024
Using Finastra’s cloud-based Service Bureau offering, Swiss banks can seamlessly transition to facilitating instant interbank payments. It is expected that the 50 largest banks must be able to facilitate instant interbank payments in Switzerland and Liechtenstein by August this year.
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PYMNTS
AUGUST 1, 2019
In the latest Smarter Payments Tracker , PYMNTS takes a deep dive into the challenge of interoperability in achieving better cross-border payments services and experiences. In its announcement , SWIFT noted that this standardization will be especially impactful for high-value corporate payments within the correspondent banking sphere.
The Fintech Times
JULY 15, 2024
“Finastra is helping banks implement instant payments in the most seamless and cost-effective way using the latest technologies to deliver robust sanctions screening and fraud prevention,” said Andreas Helbling, country head Switzerland, financial messaging marketplaces at Finastra.
Open Banking
JANUARY 13, 2025
Over the course of the past seven years, OBL has facilitated its implementation through the Open Banking Standard and helped to foster an ecosystem worth 4 billion to the economy. We will therefore have a keen eye on interoperability, as the industry looks to enable world class cross-border data sharing. There are now over 11.7
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.
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. . More precise payment information could also facilitate quick, straight-through processing. . Hurdles And Supports .
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