Interoperability, ISO 20022 and Research

BPC Aims to Help Banks Turn ISO 20022 Compliance Into a Strategic Advantage With New Guide

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

ISO 20022 ISOs Compliance SWIFT

Swift Solution for Managing Cross-Border Payments Investigations Could Save Industry Millions in Operational Costs

Fintech Finance

APRIL 17, 2025

New research suggests Swifts enhanced, network agnostic capability has the potential to cut the industrys operational and liquidity costs in this area by more than USD 600 million per year, and reduce the time to resolve a case by up to 80 percent. Financial institutions spend more than USD 1.6

Cross-Border Payments

Cross-Border Payments Cross-Border SWIFT ISO 20022

Smarter Payments Tracker Eyes Interoperability

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

Interoperability ISO 20022 Cross-Border Correspondent Bank

Webinars

Breaking The Commerce Bottleneck: Your SAP Exit Plan Starts Now

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U.S. Faster Payments Council Explores the Practicalities of Cross-Border Payments in a Faster Payments World

Fintech Finance

JANUARY 11, 2024

Faster Payments Council (FPC) , a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, today published its latest research report, titled The Practicalities of Cross-Border Payments in a Faster Payments World.

Cross-Border Payments

Cross-Border Payments Cross-Border Faster Payments ISO 20022

How are digital IDs reshaping industries for a secure and seamless future?

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

Security Online and Mobile Banking Credential Verification

FPC 2024 Fall Member Meeting

Faster Payments Council

AUGUST 23, 2024

2:20pm-3:00pmMT: Concurrent Breakout Session – The Power of ISO 20022: Unlocking Efficiency and Global Reach in Payments (Capitol Ballroom 7) The world of payments is undergoing a major transformation with the adoption of ISO 20022. We will wrap up with an interactive session for feedback on our research efforts.

FPC

FPC ISO 20022 Federal Reserve Instant Payments

Global Cross-Border Payments Expected To Grow, But Challenges Remain

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. Recent American Express research found that greater transparency is one of the top priorities for firms that regularly make international payments. A Call for Transparency.

Cross-Border Payments

Cross-Border Payments Cross-Border ISO 20022 ISOs

How Visa, FIS, TCH, SWIFT, Nacha and Circle See The Future of Faster, Real Time Payments Rails

PYMNTS

OCTOBER 15, 2020

There may be some tailwind, he said, as recent research has shown that the coronavirus can live for weeks on banknotes and other surfaces. Interoperability In Focus . Standards, such as ISO 20022 are critical to fostering interoperability, they agreed (Scola pointed to SWIFT gpi, a standard for global payments, as an example).

Real Time Payments

Real Time Payments NACHA SWIFT TCH

Federal Reserve’s Cunha on the State (and Timeframe) of Digital Dollars

PYMNTS

AUGUST 21, 2020

” Research into digital payments, of course, is nothing new for the Fed — and as Cunha offered by way of example, a few years ago his bank published research that found value in mobile payment tokenization. Interoperability Is Key. To get there, interoperability is key, said Cunha.

CBDC

CBDC Fed Federal Reserve ISO 20022

CBDCs in practice: What we’ve learned from the early movers

The Payments Association

JUNE 3, 2025

With more than 130 jurisdictions now researching or developing CBDCsranging from early-stage exploration to live deploymentsglobal momentum is steadily building. Beyond technical proof points, these initiatives underscore the need for global interoperability.

Fed Says America Needs Instant Payments As Soon As Possible

PYMNTS

AUGUST 7, 2020

Federal Reserve Board members this week shed some light on the timing and mechanics of FedNow — an always-on, fully interoperable interbank-settlement service that will give rise to instant payments in the United States. For the Federal Reserve, real-time payments will take time — three or four years’ time, to be specific.

Fed

Fed Instant Payments FedNow Interbank Settlement

Deep Dive: Why Cross-Border Payments Need Transparency Overhaul

PYMNTS

AUGUST 16, 2019

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. Recent research found that access to greater visibility is one of the top priorities for firms that regularly make international payments.

Cross-Border Payments

Cross-Border Payments Cross-Border ISO 20022 Interoperability

SWIFT Likes Distributed Ledgers, Sort Of

PYMNTS

APRIL 20, 2016

SWIFT maintains in the paper that more research is needed in order to make determinations over whether DLT systems would be fully interoperable with existing, legacy infrastructure; and whether DLTs work well across multiple counterparties.

SWIFT

SWIFT ISO 20022 IRS Regulatory Compliance

BPC Releases Practical White Paper Guiding Banks Through the Challenges of ISO 20022 Migration

Fintech Finance

APRIL 30, 2025

BPC , a global leader in payment solutions, today announced the launch of its latest white paper, ISO 20022 Migration 101: Steps and Strategies for Banks. The white paper provides a comprehensive guide to navigating one of the most critical transitions in the global financial ecosystem: the shift to ISO 20022 messaging standards.

ISO 20022

ISO 20022 ISOs Financial Inclusion SWIFT

From Paper to Digital: The Evolving E-Invoicing Mandate

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

ISO 20022 ISOs Compliance Cross-Border

Payments Space

BPC Aims to Help Banks Turn ISO 20022 Compliance Into a Strategic Advantage With New Guide

Swift Solution for Managing Cross-Border Payments Investigations Could Save Industry Millions in Operational Costs

Smarter Payments Tracker Eyes Interoperability

Webinars

U.S. Faster Payments Council Explores the Practicalities of Cross-Border Payments in a Faster Payments World

How are digital IDs reshaping industries for a secure and seamless future?

FPC 2024 Fall Member Meeting

Global Cross-Border Payments Expected To Grow, But Challenges Remain

How Visa, FIS, TCH, SWIFT, Nacha and Circle See The Future of Faster, Real Time Payments Rails

Federal Reserve’s Cunha on the State (and Timeframe) of Digital Dollars

CBDCs in practice: What we’ve learned from the early movers

Fed Says America Needs Instant Payments As Soon As Possible

Deep Dive: Why Cross-Border Payments Need Transparency Overhaul

SWIFT Likes Distributed Ledgers, Sort Of

BPC Releases Practical White Paper Guiding Banks Through the Challenges of ISO 20022 Migration

From Paper to Digital: The Evolving E-Invoicing Mandate

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