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Ant International Joins Swift Initiative for Cross-Border Payment Interoperability

Fintech News

Ant International has joined Swift ‘s “Network Interoperability Reference Implementation” programme, a pre-pilot initiative designed to improve cross-border payment experiences.

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

Fintech Finance

Third, the CPMI will continue to engage with payment system operators and payment service providers to encourage them to implement the harmonised data requirements by end-2027. The post BIS CPMI Takes Further Steps to Promote ISO 20022 Harmonisation for Enhanced Cross-Border Payments appeared first on FF News | Fintech Finance.

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Neonomics Acquires U.K. Open Banking Platform, Ordo

Fintech Finance

The Neonomics Group, has completed the acquisition of Ordo , an open banking payments and data service provider based in the UK. Ordo delivers a wide range of payments and data services including variable recurring payments and is an official crown services supplier.

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EPC Selects Swift for the EPC Directory Service

Fintech Finance

Swift has been selected as EDS provider after a Request for Proposal (RFP) process running in the second and third quarters of 2024 and the subsequent approval by the EPC Board in September 2024. In the architecture of the VOP scheme, the EDS enables reachability and interoperability between VOP scheme participants.

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

Fintech News

Finally, the CPMI will continue engaging with payment system operators and payment service providers to encourage them to implement the harmonised data requirements by the end of 2027. The post BIS Sets Out Roadmap for ISO 20022 Implementation in Cross-Border Payments appeared first on Fintech Singapore.

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