Finextra

JULY 30, 2025

0 30 July 2025 Be the first to comment Hussam Kamel Payments Architect Icon Solutions Location London Followers 0 Opinions 3 Follow Unfollow Global payments infrastructures have undergone a gradual but fundamental shift over the past decade: Moving away from legacy formats to adopt ISO 20022, the now de facto global standard for financial messaging.

ISO 20022

PYMNTS

JULY 30, 2020

The Bank of England (BoE) is pushing ahead with an overhaul of a key part of the United Kingdom’s financial payments infrastructure. high-value payment system,” the central bank said in a press statement. payments industry,” BoE’s Cleland said.

Real Time Gross Settlement (RTGS)

PYMNTS

APRIL 8, 2020

billion) annually on remediation of failed payments and failed processing, as 2 million payments fail in Europe alone each day. As Brandli noted, in examining payments firms’ back offices, 80 percent of costs and 100 percent of risk derives from exceptions.

Real Time Gross Settlement (RTGS)

Fintech Finance

JUNE 2, 2025

This latest development represents major progress in the bank’s mission to build a global payments platform with interoperability at its core and deliver instant, low-cost, scalable cross-border solutions across Europe. ” The CHF solution is live now, with full commercial rollout underway.

Real Time Gross Settlement (RTGS)

The Fintech Times

JUNE 2, 2025

Banking Circle , the global clearing provider, has made major progress in its effort to build a global payments platform with interoperability at its core, as it strengthens its embedded financial infrastructure with direct access to the Swiss National Bank ‘s Swiss Interbank Clearing (SIC) system.

Real Time Gross Settlement (RTGS)