Remove International Payments Remove Liquidity Management Remove Message Standards
article thumbnail

RT2: A strategic transformation for UK payment providers

The Payments Association

Wider Interoperability and Global Standards With ISO 20022, RT2 aligns the UK’s payments infrastructure with global standards. Liquidity Saving and Efficiency Gains Advanced algorithms optimise liquidity management and settlement processes. This presentation outlines the key next steps for success.

article thumbnail

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

Fintech News

Advancements in artificial intelligence (AI), machine learning (ML), and blockchain are transforming international payments by enabling real-time data analysis, seamless platform integration through APIs, and instant, secure settlements.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Successful Migration of the Kenya Electronic Payment and Settlement System to the ISO20022 Global Messaging Standard

Fintech Finance

The Central Bank of Kenya (CBK) announces that the Kenya Electronic Payment and Settlement System (KEPSS) has been successfully migrated to the ISO20022 Global Messaging Standard (“ISO20022 Standard”). It is the backbone of Kenya’s domestic and regional payment transactions.

article thumbnail

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.