Remove Global Payments Remove Instant Payments Remove ISO 20022
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Nexus Empowers APAC Financial Institutions to Achieve G20 Cross-Border Payment Targets

Fintech News

Initially developed by the BIS Innovation Hub, Project Nexus aims to link domestic instant payment systems (IPS) through a single multilateral gateway, replacing the current patchwork of costly and complex bilateral connections. What is Project Nexus, and how does it address today’s cross-border payment challenges?

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Why staying put is no longer the safe option for payments innovation

The Payments Association

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. This can be on-prem, or hosted in any private or public cloud. Deliver, or fail fast, fix, and move on!

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RedCompass Labs Launches AI Solution To Accelerate Banks’ Payments Modernisation

The Fintech Times

To make this transition easier, RedCompass Labs has launched its AI solution engineered to accelerate payments transformation: AnalystAccelerator.ai. Payments modernisation is a high priority for banks, with many incorporating new projects like ISO 20022, SEPA Instant, FedNow and RTP. AnalystAccelerator.ai

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Nexus Scheme Organisation (NSO) Are In the Hunt For First CEO

Fintech News

Yet, despite the rise of instant domestic payments, cross-border transactions remain slow, costly, and inefficient. Domestic instant payment systems (IPS), such as Malaysias DuitNow and Singapores PayNow, have revolutionised payments within their respective countries.

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Fed’s ISO ‘big bang’ hits next week

Payments Dive

Deep Dive Opinion Library Events Press Releases Topics Sign up Search Sign up Search Retail Banking Restaurants Regulations & Policy Risk Technology B2B An article from Fed’s ISO ‘big bang’ hits next week The Federal Reserve’s shift of trillions of dollars in payments to the new ISO 20022 standard Monday will reverberate around the world.

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Mastercard sandbox allows UK financial institutions to test payment methods

The Paypers

Mastercard’s payment technology allows developers to safely test and refine new features and capabilities within a trusted and secure environment, without affecting critical infrastructure. Later in 2025, Mastercard intends to provide access to its A2A instant payments technology via a sandbox.

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U.S. Faster Payments Council Releases Dual Reports on ISO 20022 Implementation and Benefits

Fintech Finance

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.