PYMNTS

MARCH 21, 2017

Enter: ISO 20022. For a few years the corporate banking space has been discussing the potential for ISO 20022 to streamline payments, with industry forces like SWIFT and SEPA promoting its adoption. Industry Innovation. These drivers are accelerating and guiding the direction of corporate banking innovation.

ISO 20022 77

ISO 20022 ISOs B2B Message Standards 77

Fintech Finance

SEPTEMBER 25, 2024

It will allow payment service providers and merchant acquirers in Japan to accelerate speed to market with new innovative payment services, modernize merchant and consumer payment experiences, and lower the total cost of ownership.

ISO 20022 104

ISO 20022 Cross-Border Payments Stop Payment Acquirers 104

PYMNTS

OCTOBER 1, 2019

APIs allow banks the opportunity to offer value-added services that can be relatively easy to layer on top of new real-time payment rails, leading to improved customer products and services, better access to customer data and, for the FIs themselves, the boon that comes with better visibility into cash flow.

ISO 20022 69

ISO 20022 Faster Payments FedNow ISOs 69

PYMNTS

NOVEMBER 18, 2020

As she told Webster: “When you start to think about corporates and middle-market companies, that's when you start to understand that infrastructure, the straight-through processing, the managed-service wrapper that a bank can bring is where the real efficiency and value are seen.”.

Real Time Payments 98

Real Time Payments ISO 20022 Reconciliation Payments 98

PYMNTS

OCTOBER 12, 2020

He said there are going to be some institutions that will want to connect with both instant payment services — FedNow and The Clearing House (TCH)’s real-time payments ( RTP ) network — in a desire to ensure resiliency and redundancy to support outages in one system to the other, if they were to occur.

Instant Payments 97

Instant Payments FedNow Fed Interoperability 97

The Payments Association

OCTOBER 14, 2024

To rethink the assumptions behind CBDC proposals and push for more privacy-oriented innovative solutions Many central banks and financial authorities worldwide are experimenting with central bank digital currency (CBDC), including the European Central Bank, the US Federal Reserve, and the Bank of England, among others. What’s next?

Privacy 88

Privacy Addressing CBDC Payer 88

PYMNTS

APRIL 14, 2017

The big question: Can the existing payment rails support the innovation that is needed? Said NACHA’s Estep, “the answer depends on what type of innovation you are talking about, and then what type of a payments system you are talking about.” Against that backdrop, “innovation means many different things to different players.”.

ACH Network 42

ACH Network ACH Payments ISO 20022 42

PYMNTS

NOVEMBER 18, 2019

Ramsey said that in the B2B space, corporations are interested in real-time payments because there is value in paying their bills a bit later (just like consumers would) while being able to receive funds instantly — which of course improves cash-flow management.

Real Time Payments 49

Real Time Payments Consumer ISO 20022 Online and Mobile Banking 49