Fintech News

JULY 31, 2025

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.

Cross-Border Payments

The Payments Association

JULY 23, 2025

Seamless channel interoperability : A framework that supports various formats, such as ISO 20022, SWIFT, Proprietary, and local RTP systems, enables PSPs to achieve smooth and more straight-through processing (STP) across banks, wallets, and payment networks.

ISO 20022

Fintech News

JUNE 16, 2025

Bottomline helps financial institutions modernise their payments infrastructure and enable multi-rail connectivity, while also supporting their readiness for industry-wide mandates and initiatives such as ISO 20022 and those similar to Project Nexus. Why is ISO 20022 adoption crucial for banks aiming to leverage Nexus?

Cross-Border Payments

Fintech News

JANUARY 9, 2025

The processes included converting reserve account balances into digital Rupiah and vice versa, ensuring seamless interoperability with Bank Indonesias Real-Time Gross Settlement (BI-RTGS) system. Addressing interoperability, scalability, and security challenges, Indonesia sets a global example for nations exploring similar initiatives.

Distributed Ledger Technology (DLT)

The Payments Association

JANUARY 15, 2025

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.

SWIFT

The Payments Association

JUNE 3, 2025

Tokenisation is now a core enabler of secure, interoperable digital paymentspowering embedded finance, asset tokenisation, and evolving identity flows. Once a system for masking sensitive data, tokenisation has evolved into a foundational technology for enabling secure, interoperable, and scalable digital payments.

Security

The Fintech Times

MAY 2, 2025

In its latest white paper, ‘ ISO 20022 Migration 101: Steps and Strategies for Banks ‘, BPC offers a guide tonavigating one of the most critical transitions in the global financial ecosystem: the shift to ISO 20022 messaging standards.

ISO 20022

Fintech Finance

APRIL 17, 2025

Swifts Case Management solution standardises the investigation process, leverages ISO 20022 data and the UETR standard to provide transparency and interoperability across networks.

Cross-Border Payments

The Payments Association

JUNE 3, 2025

As Nilixa Devlukia, CEO at Payments Solved, observes, these projects illustrate the benefits of shared infrastructure, adding that technical standards are beneficial to building interoperable CBDCs that function seamlessly across borders and jurisdictions.

CBDC

The Payments Association

MARCH 19, 2025

Global interoperability is becoming the norm: With the rise of cross-border instant payments and open banking, financial institutions (FIs) must be able to integrate agile Core systems with multiple domestic and international payment systems quickly and seamlessly.

Payment APIs and Integration

Fintech Finance

APRIL 11, 2025

Banks worldwide are managing complex, multi-year, multi-million-dollar modernization projects, including ISO 20022, SEPA Instant in Europe, and FedNow and RTP in the US. “With the global move to instant, interoperable payments and ISO 20022, the stakes have never been higher for banks.

ISO 20022

Finextra

AUGUST 7, 2025

Lack of interoperability across borders creates bottlenecks This lack of connectivity causes delays, compliance risks, and limited access. Adopt interoperable systems that speak a global language You must choose a solution that supports ISO 20022 and connects to national clearing systems.

Payment APIs and Integration

Finextra

JUNE 18, 2025

Interoperability across multiple domestic and international card schemes without cobadging constraints. The initial protocols were refined, expanded, and formalized into a globally recognized suite of ISO 20022-based standards. The pilot demonstrated: No impact on customer experience: payment remained seamless at checkout.

ISO 20022

Finextra

JULY 27, 2025

Rise of Payment Hubs & APIs: Over the last decade, corporates and banks layered API-driven gateways atop legacy cores for faster payment initiation, richer data (ISO 20022), and straight-through reconciliation, yet liquidity still floats in multiple silos. "if invoice approved and ESG score > 80 then release payment").

CBDC

Fintech News

JULY 23, 2025

The Role of Standards: ISO 20022 and the Power of Interoperability Javeri described ISO 20022 as “not new, but the foundation” for future-ready payments. It enables interoperability and opens the door to building next-layer capabilities,” he said.

APACS

Fintech News

FEBRUARY 28, 2025

Instead, a single connection enables interoperability across all participating nations. These documentations include implementation guides for various types of participants, ISO 20022 message specifications, and API standards. List of cross-border linkages that have gone live in Southeast Asia.

Cross-Border Payments

The Payments Association

JUNE 11, 2025

Sustainable growth depends on interoperable risk frameworks, shared scam indicators, and coordinated responses, especially as fraudsters grow more agile and cross-border by design." Without collective visibility, we risk fragmented defences. Read More »

Risk

The Payments Association

AUGUST 8, 2025

However, the next frontier is real-time global interoperability. By 2030, we expect a convergence of national RTP systems into interoperable networks that transcend borders, driven by ISO 20022 messaging standards, blockchain rails, and global regulatory collaboration. to under 1%.

Cross-Border

The Payments Association

JANUARY 22, 2025

Additionally, standardisation of digital IDs is required to ensure they are interoperable with TSA systems. Across the industry, well need to see collaboration for secure, interoperable solutions that meet global standards. Combine digital ID, AI and new rich data standards like ISO 20022, and I’m excited to see what can be done.

Security

Trade Credit & Liquidity Management

MAY 29, 2025

However, the industry is moving toward best practices and standardized data formats such as ISO-20022 to ease cross-border invoicing. The Importance and Impact of ISO-20022 ISO 20022 is an international standard for financial messaging developed by the International Organization for Standardization (ISO).

ISO 20022

Finextra

JULY 31, 2025

Interoperability across banks, wallets, and payment gateways Your customers are not really concerned about the network connectivity or server-related things. To cater to this need, you must build an interoperable system that connects smoothly with other banks, wallets, and PSPs. That builds trust and reduces disputes.

Payment APIs and Integration

Fintech Finance

MARCH 1, 2024

The impending March 2025 migration deadline of FedWire to the ISO 20022 standard by all financial institutions (FIs) presents a strategic opportunity to revolutionize their payment infrastructure and services, according to a new Datos report, sponsored by Finzly , the pioneering provider of modern payments systems.

ISO 20022

PYMNTS

FEBRUARY 26, 2020

PYMNTS recently spoke with Saqib Sheikh, global head of SWIFT’s ISO 20022 program, to learn more about SWIFT’s commitment to assist the financial community in the transition to the new standard in cross-border payments: ISO 20022. Richer Data With A Little Help From Our Friends .

ISO 20022

Fintech Finance

SEPTEMBER 17, 2024

Kani Payments , the disruptive global data reconciliation and reporting pioneer, today announces it is ready to support the ISO 20022 global messaging standard ahead of the November 2025 implementation date.

ISO 20022

Fintech Finance

SEPTEMBER 18, 2024

These reports serve as critical resources for financial institutions seeking to implement ISO 20022, a global standard that is reshaping the landscape of financial messaging. The first report, How to ISO 20022, provides a detailed roadmap for financial institutions on how to successfully adopt and implement ISO 20022.

ISO 20022

Payments Source

MAY 20, 2019

Universal standards such as the nonprofit nexo can support card payment acceptance stakeholders through a portfolio of implementation specifications and messaging protocols that harness the power and interoperability potential of the ISO 20022 standard.

Interoperability

The Payments Association

JUNE 7, 2024

Adopting ISO 20022 is essential for modernising cross-border payments, enhancing fraud prevention, and ensuring seamless interoperability and efficiency in international financial transactions. Read more

ISO 20022

PYMNTS

AUGUST 1, 2019

Payments messaging firm SWIFT has released its first set of guidelines for financial institutions using the ISO 20022 payments messaging standard to complete cross-border transactions. “Adoption of ISO 20022 will continue the transformation of correspondent banking already ongoing,” SWIFT said in its announcement.

ISO 20022

Finextra

JULY 19, 2024

Morgan Payments, explores the cross-border impact of SEPA on European and global interoperability and why ISO 20022 is crucial for financial institutions. At EBAday 2024, Renata Vilanova Lobo, Head of Global Clearing, J.P.

ISO 20022

Fintech News

AUGUST 8, 2024

As the industry evolves, adopting robust standards like ISO 20022 becomes crucial for driving these benefits. The Role of ISO 20022 in Seamless Settlement and Post-Trade Operations In 2018, the Swift community decided to adopt ISO 20022 for cross-border payments and reporting (CBPR+).

ISO 20022

PYMNTS

AUGUST 15, 2019

The ISO 20022 messaging standard has been seen as a potential way of achieving the latter, and has been drawing increasing global attention. ISO 20022 introduced a range of data fields that allow transactional details to be remitted along with payments. Interoperability And Adoption . Hurdles And Supports .

ISO 20022

PYMNTS

APRIL 29, 2019

An interoperable cross-border solution could remove these frictions and provide smooth transfers between two real-time payment systems, while a single, globally accessible faster payments service could offer swift end-to-end transfers. Smooth communications between players must be supported if payment schemes are to be interoperable.

Interoperability

PYMNTS

MAY 31, 2018

This makes interoperability that much more difficult to achieve. Throckmorton and his team at NACHA believe that ISO 20022 , developed by the International Organization for Standardization (ISO), could be that common language. If you don’t have standardization, it’s just not going to work.

ISO 20022

Finextra

FEBRUARY 13, 2024

We explore the significance of interoperability and the prioritisation of standardisation to enhance cross-border transactions. Additionally, we explain the key methods for ensuring seamless transactions across borders, leveraging ISO 20022 data and AI for fraud prevention, resilience, and scalability across all 13 markets.

ISO 20022

PYMNTS

NOVEMBER 27, 2019

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. A lack of interoperability between local payment networks is among the largest of those hurdles, said Halpin.

ISO 20022

Fintech Finance

MAY 13, 2024

Finastra , a global provider of financial software applications and marketplaces, today announced it has completed testing and certification through the Federal Reserve for ISO 20022, becoming one of the first vendors in the industry to complete the process for multiple solutions.

ISO 20022

PYMNTS

AUGUST 1, 2019

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. Adoption of ISO 20022 will continue the transformation of correspondent banking already ongoing,” SWIFT said in its Wednesday (July 31) announcement.

Interoperability