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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. The post BIS Sets Out Roadmap for ISO 20022 Implementation in Cross-Border Payments appeared first on Fintech Singapore.

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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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ISO 20022 migration pushed back to July 14

Bank Automation

The Federal Reservehas rescheduled the Fedwire Funds Services adoption of the ISO 20022 message format to July 14, 2025. The transition to ISO 20022, a global standard for financial messaging, is expected to […] The post ISO 20022 migration pushed back to July 14 appeared first on Bank Automation News.

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True Value of ISO 20022: Turning Compliance into Innovation

Finextra

With ISO 20022, banks and PSPs across Europe have a new foundation for smarter services, real-time payments, and data-driven growth, but to unlock this potential, reliable, automated testing is essential.

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RT2: A strategic transformation for UK payment providers

The Payments Association

Payment providers to strategically invest in ISO 20022 implementation, API integration, and service innovation to fully leverage RT2’s capabili The launch of RT2, the renewed Real Time Gross Settlement (RTGS) service, on 28 April 2025 marks a significant milestone for the UK’s payments infrastructure. What’s next?

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ISO20022: The big shift to structured addresses

Finextra

Soon, ISO 20022, a messaging standard designed to improve how payments are processed and communicated, will become the global norm. ISO 20022 was introduced in 2004 and has since been part of a long and complex journey to improve international payment messaging. Now, it looks good on paper.

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Payments pulse: Tech, trends, and tipping points in cross-border commerce

The Payments Association

Part 1 gives critical business insights into: Key trends expanding the cross-border payments economy How the ISO 20022 payments messaging standard will transform speed, data quality, and reconciliation globally. Click here to download the report. policy changes mean for cross-border payments and your business.