Global Payments Interoperability Payment Message 
Fintech News
JUNE 16, 2025
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 strategic benefits does Nexus offer APAC banks aiming to modernise their cross-border payment capabilities?
Fintech Finance
NOVEMBER 21, 2024
Digital currency systems could prove to be key in improving financial inclusion and opening up new opportunities to large underbanked communities in many African countries.
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PYMNTS
AUGUST 1, 2019
In corporate payments, high-value transactions with tall demands for compliance, transparency, speed, efficiency and security aren’t just placing a burden on the businesses sending and receiving funds. In the public sector, corporates and government entities are also collaborating in pursuit of interoperability.
PYMNTS
NOVEMBER 27, 2019
The global payments ecosystem’s path to faster and real-time payments ubiquity is an evolution, not a revolution. Among corporates, there is an increasing demand that their global payment activity is able to keep up with the pace of doing business. The Community Approach to Ubiquity.
Fintech Finance
SEPTEMBER 17, 2024
The move comes as part of its offering to simplify reconciliation and enhance data standardisation for its global payments client base. ISO 20022 is the global messaging standard for financial messages, designed to enable interoperability between financial institutions and other market players.
PYMNTS
AUGUST 16, 2019
The latest Smarter Payments Tracker looks at the infrastructure developments that are making cross-border payment systems faster, more seamless and interoperable. These transactions reached $144 billion in value in 2014 and could hit $240 billion by 2024. and Australia’s NPP. Challenges Aren’t Universal.
Fintech News
DECEMBER 10, 2023
The challenge in international payments primarily revolves around ensuring data accuracy at every step of the payment chain. Edward spoke of the pivotal role of data and technology in creating and validating payment messages. Digital payments are fast becoming the norm, positioning the region as a global payment leader.”
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