Remove Innovation Remove Interoperability Remove Message Standards
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RT2: A strategic transformation for UK payment providers

The Payments Association

It enhances resilience, broadens access, improves interoperability, and enables innovation, thereby modernising the UK’s financial infrastructure. The latest updates deliver capabilities far beyond those of the legacy system, creating new opportunities to revolutionise services, reduce risk, expand market reach, and drive innovation.

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How Swift is moving the global financial industry towards instant and frictionless payments

The Payments Association

Swift drives global interoperability and innovation, aligning with the UK’s National Payments Vision to enhance seamless, secure payments. This is an example of how the scale of the Swift network can be leveraged to interoperate market infrastructures to enhance the user experience.

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63% of US Businesses Will Use ISO 20022. Financial Institutions are Not Ready to Meet Demand

Fintech Finance

Furthermore, it offers unparalleled flexibility, interoperability, and efficiency compared to legacy formats, positioning FIs for long-term success in an increasingly digital economy. By embracing ISO 20022, FIs can meet today’s demands and anticipate tomorrow’s needs, driving innovation and growth in the digital age.

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Smarter Payments Tracker Eyes Interoperability

PYMNTS

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 the public sector, corporates and government entities are also collaborating in pursuit of interoperability. Across the pond, meanwhile, the U.S.’s

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Unpacking 3 Key Concepts From G20’s Enhanced Cross Border Payments Plan

Fintech News

The Bank for International Settlements (BIS) Innovation Hub ‘s Point Zero Forum 2023 roundtable brought together key stakeholders and leaders from both the public and private sectors to discuss opportunities and challenges in cross-border payments.

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Bridging TradFi and DeFi, GDF and GLEIF Partner to Accelerate Implementation of Data Standardisation

The Fintech Times

Two firms combining forces to make this simple and more seamless are Global Digital Finance (GDF), the global members association and platform for open innovation in digital assets in financial services and the Global LEI Foundation (GLEIF), the global not-for-profit organisation.

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The Not-So-Beaten Path To B2B Payments Real-Time Ubiquity

PYMNTS

The ISO 20022 payments messaging standard — and faster payment networks’ adoption of it — has proven to be a significant value-add to financial service providers’ faster payments offerings. The world is moving more toward standards, and ISO is one of them,” said Halpin.

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