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. Privately-owned companies are also looking to solve the cross-border payments problem.

Interoperability

PYMNTS

NOVEMBER 27, 2019

According to Tom Halpin, head of payment products at HSBC , faster and real-time payment services don’t only provide the value of speed for corporate clients, especially in the context of cross-border transactions. Progress in Tackling Cross-Border Payments Friction. The Community Approach to Ubiquity.

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

Fintech Finance

JULY 10, 2024

It will enable interoperability among PayNet, RENTAS, and SWIFT using ISO 20022 standards. As the industry adopts ISO 20022 globally, this modernisation solution meets regulatory mandates, improves system resilience, and integrates future payment services.

ISO 20022

Fintech Finance

JANUARY 11, 2024

The Practicalities of Cross-Border Payments in a Faster Payments World also highlights the challenges faced by fintech companies, providing insights into regulatory compliance, security, foreign exchange rate risks, lack of transparency, high costs, interoperability, data privacy, competition with financial institutions, and liquidity management.

Cross-Border Payments

Fintech Finance

MAY 22, 2025

This enterprise-wide initiative is a cornerstone of our Forward30 Strategy, built to future-proof operations, accelerate digital convergence, and deliver seamless, secure, and intelligent payment experiences for both consumers and businesses.

ISO 20022

PYMNTS

AUGUST 16, 2019

The latest Smarter Payments Tracker looks at the infrastructure developments that are making cross-border payment systems faster, more seamless and interoperable. Despite ISO 20022’s potential, there are barriers to it becoming the universal standard. and Australia’s NPP. Challenges Aren’t Universal.

Cross-Border Payments

PYMNTS

OCTOBER 15, 2020

“All of these new instant payments systems around the world are being built on the ISO 2002 standard,” said Waterhouse. So these traditional operating hours of payment networks are no longer relevant when people are in that 24/7 operating model. Interoperability In Focus . So that is certainly an aspiration.

Real Time Payments

PYMNTS

SEPTEMBER 11, 2019

Last week, seven European payments operators announced the European Mobile Payment System Association initiative, a new pan-European network focused on cross-border mobile payments. How Cross-Border Payments Are Made. Other initiatives are being spearheaded across regions.

Cross-Border Payments

Fintech Review

APRIL 9, 2025

XDC holders can now convert their tokens into local currencies and alternative payment methods (APMs) across 100+ countries, making real-world utility more accessible than ever. and ISO 20022 Compliance With the recent launch of XDC2.0, the network now offers a 3-block finality, settling transactions in 3 to 4 seconds.

ISO 20022

PYMNTS

AUGUST 16, 2019

Change is being fueled by shifting regulations and emerging digital technologies that enable faster payment capabilities. Although there are more efficient cross-border transactions being enabled, several roadblocks are still in the way, including payment tracking and issues with interoperability between market systems.

Cross-Border Payments

PYMNTS

DECEMBER 12, 2019

What the payments ecosystem must also manage is the conundrum of future-proofing real-time payments solutions versus developing tools that have immediate applicability to contemporary problems. An embrace of global standards like the ISO 20022 messaging standard will be key, said Killam. Learning from World Peers.

RTP

Segpay

JUNE 13, 2024

The Service Provider Showcase on FedNow Explorer includes a growing list of more than 100 payment processors, correspondents, banking operations, and application providers to help financial institutions connect and amplify their network. Interoperability: Designed to work alongside existing payment systems.

FedNow

Fintech News

JANUARY 22, 2025

This shift underlines the global race to upgrade core systems, particularly with looming deadlines for regulatory mandates like ISO 20022. Transforming Financial Ecosystems with Real-Time Payments Real-time payments are transforming the financial ecosystem in APAC. the previous year. in APAC and 44% globally.

Real Time Payments