Remove Interoperability Remove ISO 20022 Remove Value Added Service
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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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Finastra Facilitates Connection of Swiss Banks in Readiness for New SIC Instant Payments Service

Fintech Finance

“Facilitating connectivity to SIC Instant Payments, and any critical payments infrastructure of this kind, reflects our commitment to supporting banks on their broader payment modernization journey – helping them to work in a more agile way and deliver value-added services to customers.”

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NETSTARS Partners with ACI Worldwide to Power the World’s Payment Ecosystem

Fintech Finance

It will allow payment service providers and merchant acquirers in Japan to accelerate speed to market with new innovative payment services, modernize merchant and consumer payment experiences, and lower the total cost of ownership.

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

The Payments Association

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. Enriched data insights enable AI innovation, translating into more tools and value-added services.

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Volante: Banks Must Look Beyond Speed With Real-Time B2B Payments

PYMNTS

According to Domenico Scaffidi , head of market infrastructures at Volante , there is a bit of a conundrum: While the most obvious value proposition of real-time payments is speed, corporate customers require value-added services alongside real-time payments on the basis that moving money in real time is not enough.

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Visa Joins Phixius Pilot For B2B Payment Data Exchange

PYMNTS

Visa has become a part of the ranks of companies experimenting with Phixius, a technology that assists credentialed service providers in exchanging and supervising digital payments data, NACHA said in a Wednesday (Aug. However, Phixius makes these deals less necessary as it offers interoperability. 12) announcement.

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Finastra’s 24/7 Instant Payment Service Offers Real-Time Sanctions Screening

The Fintech Times

“Facilitating connectivity to SIC Instant Payments, and any critical payments infrastructure of this kind, reflects our commitment to supporting banks on their broader payment modernisation journey – helping them to work in a more agile way and deliver value-added services to customers.”