Remove Interoperability Remove ISOs Remove Retail Payments
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How Swift is moving the global financial industry towards instant and frictionless payments

The Payments Association

Swift drives global interoperability and innovation, aligning with the UK’s National Payments Vision to enhance seamless, secure payments. The UKs payments landscape is at an inflexion point. Now, the UK is primed to take the evolution of its payments infrastructure even further.

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

The Payments Association

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. In Europe, the drive for CBDCs is also motivated by strategic autonomy.

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AFFIN BANK Partners With ACI Worldwide to Modernise Payments for Malaysian Businesses

Fintech Finance

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. billion in 2023 to 4.1

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

The Payments Association

The widespread shift to online reliance has created a greater demand for accessing various services online, including government public services and online retail payments. Additionally, standardisation of digital IDs is required to ensure they are interoperable with TSA systems. Thats smart, convenient and secure.

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CIMB Bank Taps ACI Worldwide to Advance Payment Transformation

Fintech Finance

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.

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Health care billers that don't shed paper will pay a price

Payments Source

The industry has the opportunity to expedite gains in interoperability and realize significant cost savings and productivity gains for both the clinical and administrative sides of the industry, writes Chris Seib, chief technology officer and cofounder of InstaMed.

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What Can We Learn From Payment System Failures and Global IT Outage?

The Fintech Times

This involves re-engineering the architecture towards modular, microservices-based frameworks, enhancing interoperability, and investing in robust cybersecurity. This has included using new technology and messaging standards (ISO 20022) to improve performance, data quality and operational efficiency.

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