The Payments Association

JANUARY 22, 2025

While digital identification is key to mitigating potential fraud and streamlining airport throughput, several barriers exist to successful implementation. Combine digital ID, AI and new rich data standards like ISO 20022, and I’m excited to see what can be done. Thats smart, convenient and secure.

Security

Fintech Finance

NOVEMBER 14, 2024

Volante Payments Intelligence addresses the increasing volume and complexity of the payments landscape, driven by the proliferation of real-time payments, the adoption of ISO 20022, and the digitization of payment flows.

Real Time Payments

Fintech News

AUGUST 8, 2024

As the industry evolves, adopting robust standards like ISO 20022 becomes crucial for driving these benefits. The Role of ISO 20022 in Seamless Settlement and Post-Trade Operations In 2018, the Swift community decided to adopt ISO 20022 for cross-border payments and reporting (CBPR+).

ISO 20022

The Fintech Times

SEPTEMBER 5, 2024

Adhering to PCI DSS standards – through encryption, secure authentication, and device security – is crucial for mitigating these risks and ensuring safe transactions. The post Strengthening Cybersecurity and Mitigating Financial Crimes in a Cashless World appeared first on The Fintech Times.

Financial Crimes

Faster Payments Council

AUGUST 23, 2024

In response, the Federal Reserve formed a scams definition and classification work group of payments and fraud experts to provide a more consistent foundation for scams reporting to help the payments industry better understand and mitigate the problem. 14 seconds. Speakers: Laura Sullivan, Form3; Kenneth T.P.

FPC

The Payments Association

MAY 16, 2025

ISO 20022 messaging structures improve cross-border transparency and enhance transactional certainty. Front-Loaded Risk Mitigation SWIFT advocates pre-transaction screening to prevent post-settlement disputes. Global standards compliance Alignment with ISO 20022 messaging ensures clear transactional status across borders.

ISO 20022

PYMNTS

NOVEMBER 10, 2020

One of the biggest opportunities is in the ability for real-time payments technologies to not just move money quicker, but to also move rich data along with the transaction, particularly amid spreading adoption of the ISO 20022 payments messaging standard.

B2B

The Fintech Times

JULY 20, 2024

Because of this, many will wonder how they can better equip themselves with tools to ensure they can mitigate the impact of problems, even if something on this scale happens again. Dafydd Vaughan, CTO at Public Digital “Companies and national governments need to be prepared and take mitigating actions to minimise their exposure.

Payments

PYMNTS

NOVEMBER 13, 2020

Enabling real-time payments via Interac can not only help to mitigate those challenges, but also introduce value-added functionality for SMBs. This can be particularly troublesome for businesses waiting to receive payment, while for payers, the cost associated with these transfers is another common pain point.

Real Time Payments

PYMNTS

NOVEMBER 17, 2020

Everybody talks about rich data pipes being attached to ISO 20022. Increasingly, data is vital to mitigating friction in B2B payments, as is industry collaboration, which Anderson said is a key component to the evolution and adoption of BPS.

B2B

PYMNTS

NOVEMBER 19, 2020

The partnership supports Payment Canada's need for RTR to enable ISO 20022 messaging standards and remain in compliance with the Bank of Canada 's risk management standards for payment systems, an announcement revealed. TOMIA and Clear Embrace Blockchain for Telecom B2B Payments.

B2B

PYMNTS

FEBRUARY 13, 2018

Oracle pointed to AI and machine learning’s abilities to improve payables, receivables, procurement and other financially driven processes and to provide deeper insight into these processes to help companies mitigate fraud and vendor risk. The solutions also deploy robotic process automation to reduce human error.

ISO 20022

Faster Payments Council

SEPTEMBER 17, 2019

Fraud mitigation – Members can participate on Thursday, October 10 at 3 pm ET, to explore ways in which we can address the concerns around safety and security. These Town Halls are important to the FPC.

FPC

PYMNTS

APRIL 8, 2020

The challenges are myriad, marked by (to name just a few) legacy systems; new domestic, faster payments rails; and the need to manage and mitigate fraud risk. Although cross-border payments via Swift’s ISO 20022 migration, originally set to roll out by November 2021, have now been set back a year and are expected to come by the end of 2022.

Real Time Gross Settlement (RTGS)

PYMNTS

SEPTEMBER 23, 2019

The industry push for SWIFT’s ISO 20022 adoption continues to encourage financial institutions to adopt the payments messaging standard for more efficient transmission of transaction data, which can have particular impact for high-value cross-border B2B payments.

B2B

PYMNTS

MARCH 14, 2019

Other technologies, like cryptocurrency, may not prove to be the silver bullet that can mitigate risk and improve payments all at once, however. He pointed to Citi ‘s investments in tools like artificial intelligence, biometrics, behavioral analytics and multi-factor authentication as essential strategies to combating fraud.

Global Payments

The Fintech Times

JUNE 5, 2025

” Transactility launches jPOS 3 with ISO 20022 support Transactility , the company behind the open-source card payments framework jPOS, has released jPOS 3. The upgrade introduces ISO 20022 compatibility, improved performance and enhanced observability features.

ISO 20022

The Payments Association

OCTOBER 14, 2024

Tokens are powerful precisely because they represent value independent of identity and enable transactions without reference to some history that will ultimately rely upon records held and maintained by third parties whose involvement invariably carries a price, one that the provision of value-added services might not mitigate.

Privacy

The Payments Association

NOVEMBER 12, 2024

By taking a proactive, holistic approach to quality, QE helps banks modernise legacy systems, improve customer outcomes, and future-proof their digital infrastructure, all while mitigating risk and ensuring operational continuity.

Online and Mobile Banking

PYMNTS

MAY 8, 2017

One of the largest concerns regarding real-time payments is for the banks to be able to identify and mitigate a fraudulent transaction that is settled far more quickly than even same-day ACH payments today. For instance, there are some lessons to be learned from the card rail system. For instance, in the U.K.

Real Time Payments

PYMNTS

MARCH 19, 2019

Yet, through an evolutionary process, “we’ve become good, over time, at mitigating those risks and exploiting opportunities,” and even counting the speed bumps. He pointed to ISO 20022, a universal financial industry messaging scheme that can work with current financial system infrastructures and hasten the development of new ones. (As

ISO 20022

Fintech News

JANUARY 22, 2025

This shift underlines the global race to upgrade core systems, particularly with looming deadlines for regulatory mandates like ISO 20022. ISO 20022: The New Language of Payments The migration to ISO 20022 is underway, but its pace falls short of industry expectations. the previous year.

Real Time Payments

The Payments Association

FEBRUARY 26, 2025

Our Senior Quality Engineering Architect, Steve Mellor , will be joined by TFPA associate partner Phil Stunt (ex-COO Barclaycard, ex-CIO Fiserv) to explore how a quality-first approach helps financial institutions mitigate risk, meet compliance requirements, and ensure resilient, future-proof operations that are delivered on time and budget.

Risk

Fintech Finance

APRIL 29, 2025

The looming ISO 20022 deadline in November 2025 adds further urgency, forcing banks to modernize legacy systems or risk falling behind. Using real-time anomaly detection powered by machine learning, it enables proactive risk mitigation without manual oversight.

AI

The Payments Association

APRIL 14, 2025

Understanding whats coming allows payments firms to mitigate risk, meet compliance obligations, and capitalise on strategic opportunities in a shifting regulatory environment. Max Savoie Partner, Sidley Austin LLP With PSD3, ISO 20022, DORA, and new fraud prevention rules converging, banks and payment providers are under pressure to act fast.

Regulations

The Payments Association

FEBRUARY 18, 2025

Yet, modernisation presents significant challenges, from mitigating risks associated with system changes to maintaining data consistency. Outdated systems also lack the flexibility to adapt to increasing regulatory requirements, such as the shift towards ISO 20022 messaging standards, creating further pressure to modernise.

Payment APIs and Integration

The Fintech Times

APRIL 3, 2025

“Weve explored how AI-enabled orchestration layers offer a smarter path forwardone that modernises operations in a phased approach, mitigating risk while unlocking new efficiencies. With the November 2025 ISO 20022 deadline approaching, RS2 says banks must act quickly to modernise their infrastructure.

ISO 20022