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BIS Sets Out Roadmap for ISO 20022 Implementation in Cross-Border Payments

Fintech News

The Bank for International Settlements ‘ (BIS) Committee on Payments and Market Infrastructures (CPMI) has announced new measures to promote the adoption of its harmonised ISO 20022 data requirements. They also provide impetus to industry-led efforts to create guidelines for faster cross-border payments.

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BIS CPMI Takes Further Steps to Promote ISO 20022 Harmonisation for Enhanced Cross-Border Payments

Fintech Finance

The BIS Committee on Payments and Market Infrastructures (CPMI) announced further steps to promote the adoption of its harmonised ISO 20022 data requirements for more efficient processing of cross-border payments. The data requirements were published in a report to the G20 in October 2023.

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RT2: A strategic transformation for UK payment providers

The Payments Association

RT2, the UK’s new Real Time Gross Settlement service, and its transformative impact on the payments ecosystem. It enhances resilience, broadens access, improves interoperability, and enables innovation, thereby modernising the UK’s financial infrastructure. Why is it important? What’s next?

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Rethinking how PSPs onboard network partners-counter party

The Payments Association

In the current ever-evolving global payments environment, payment service providers (PSPs) face growing pressure to bring on network partners—like banks, wallets, and financial institutions—quickly, securely, and in full compliance with regulations. What was once a routine back-office task has become a vital strategy for growth.

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Tokenisation 2.0: Are we ready for the next generation of payment security?

The Payments Association

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.

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CBDC in Corporate Payments and Transaction Banking

Finextra

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").

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Beyond Legacy: How APAC Banks Can Leverage SaaS to Compete and Collaborate

Fintech News

In a recent webinar, B2B payments service provider Bottomline brought together regional experts to discuss how banks in APAC can close the gap and compete more effectively. 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.