Remove Global Payments Remove Interoperability Remove Real Time Gross Settlement (RTGS)
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Fedwire Migration: The Final ISO 20022 Milestone?

Finextra

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.

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Optimising Cross-Border Payments Globally: Shaping the Economy of Tomorrow

Fintech News

The State of Payment Infrastructures Modern payment infrastructure systems, such as India’s Unified Payments Interface (UPI) and South Korea’s Real-Time Gross Settlement (RTGS), are setting benchmarks by enabling real-time, cashless, and interoperable transactions.

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Unlocking the Future of Global Payments: A Deep Dive into China’s CIPS

Finextra

CIPS, established under the approval of the People’s Bank of China, is a wholesale payment system dedicated to cross-border RMB transactions. This infrastructure is not just technical—it is strategic, positioning China as a pivotal player in global finance.

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Bank Of England Hires Accenture To Revamp Payments System With Eye On Digital Currency

PYMNTS

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.

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Banking Circle Enhances European Payment Capabilities with Swiss Interbank Clearing (SIC) Access

Fintech Finance

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.

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Banking Circle Now Provides Access and Account Infrastructure for 5 of 12 Major Currencies in Europe

The Fintech Times

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.

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The payments regulation roadmap: Q2 2025

The Payments Association

Related links: Financial promotion rules for cryptoassets Financial promotions data 2024 Top regulatory priorities for the payments sector Mandatory adoption of ISO 20022 for cross-border payments (final preparations Q2) The transition to ISO 20022 for cross-border payments is a fundamental shift in global financial messaging standards.