PYMNTS

AUGUST 1, 2019

Payments messaging firm SWIFT has released its first set of guidelines for financial institutions using the ISO 20022 payments messaging standard to complete cross-border transactions. “Adoption of ISO 20022 will continue the transformation of correspondent banking already ongoing,” SWIFT said in its announcement.

ISO 20022 76

ISO 20022 ISOs SWIFT Cross-Border 76

PYMNTS

MARCH 16, 2020

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 instead, according to reports. ISO 20022 is set to make changes to the payment landscape as a whole, according to the company.

ISO 20022 78

ISO 20022 ISOs SWIFT Cross-Border Payments 78

The Payments Association

MAY 9, 2025

Cross-border payments often involve multiple intermediary institutions, each with varying levels of visibility over the originator and beneficiary. In the United States, the Travel Rule under 31 CFR 1010.410(f) requires transmission of originator and beneficiary details for fund transfers of $3,000 or more.

Correspondent Bank 88

Correspondent Bank Correspondent ISO 20022 Wire Transfer 88

PYMNTS

MAY 31, 2018

Throckmorton and his team at NACHA believe that ISO 20022 , developed by the International Organization for Standardization (ISO), could be that common language. ISO 20022 is designed as a global messaging standard that can be used by all financial standards initiatives. corporations and banks are using ISO 20022.”

ISO 20022 40

ISO 20022 ISOs Interoperability NACHA 40

Fintech Finance

MAY 22, 2025

Aligned with ISO 20022 and powered by our partnership with ACI Worldwide, CIMB is positioning itself at the forefront of next-generation banking,” said Ros Aziah, Group Chief Technology Officer, CIMB Bank.

ISO 20022 91

ISO 20022 Cross-Border ISOs Payments 91

PYMNTS

OCTOBER 10, 2016

ISO 20022, which is designed to set the tone for global financial industry messages, provides a standardized approach to building messaging standards across financial services. Much like ISO 20022, tokenization is not a new concept for NACHA. The Road To Process Improvement. Innovation On Old Initiatives.

Same Day ACH 76

Same Day ACH ACH ISO 20022 NACHA 76

Fintech Finance

AUGUST 27, 2024

The platform will be built on the global ISO 20022 standard and will offer additional features such as Request to Pay and Alias management, providing participants with opportunities for new payments and revenue streams. According to ACI’s latest Prime Time for Real-Time report, 3.8

Instant Payments 97

Instant Payments Real Time Payments ISO 20022 Financial Inclusion 97

PYMNTS

AUGUST 28, 2019

Financial institutions had what was considered a ‘push’ issue with checks in that they had to push the users of checks to transition from writing checks to originating transactions electronically,” he explained. This is particularly true, he said, when supporting faster payment capabilities across borders.

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ISO 20022 B2B Real Time Payments ISOs 52

PYMNTS

NOVEMBER 2, 2020

Interoperability will get a boost with messaging standards such as ISO 20022. If you want to originate on a card network, but pay out through an ACH network, let’s do it. “If If you want to originate on a card network, but pay out through an ACH network, let’s do it. SMBs Need Help.

B2B 119

B2B Cross-Border Digital Currency Multi-Currency 119

PYMNTS

JANUARY 7, 2021

Rather than the transaction originating within an enterprise resource planning (ERP) or treasury management system, application programming interfaces (APIs) have shifted the perception of where a payment starts and ends. As Thakur noted, the opportunity to consolidate complex systems through treasury and banking integrations is vast.

Cross-Border 97

Cross-Border B2B Payment APIs and Integration ISO 20022 97

PYMNTS

APRIL 8, 2020

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. Brandli noted that new global payment standards are driving accelerated processing windows and the need to overhaul infrastructure.

Real Time Gross Settlement (RTGS) 72

Real Time Gross Settlement (RTGS) ISO 20022 Cross-Border Cross-Border Payments 72

Faster Payments Council

SEPTEMBER 17, 2019

In addition, Kirstin emphasized that the Fed would like to understand how our members feel about other proposed characteristics of FedNow, including: irrevocability additional descriptors that can be included in the ISO 20022 message format the $25,000 transaction limit real-time confirmation of the validity of the receiver's account intraday credit (..)

FPC 68

FPC FedNow Fed Request for Comment 68

The Fintech Times

JULY 20, 2024

Problems caused by another ‘glitch’ in a content update for devices running Microsoft Windows, originating from a cybersecurity service provider Crowdstrike. This has included using new technology and messaging standards (ISO 20022) to improve performance, data quality and operational efficiency.

Payments 122

Payments Mitigation Cybersecurity ISO 20022 122

PYMNTS

APRIL 19, 2017

According to Stefano Favale, head of global transaction banking at the Italian FI, transactions between originator and beneficiary accounts will “take no more than 10 seconds.” According to reports, Intesa Sanpaolo is the first financial institution to connect into the testing system.

Real Time Payments 40

Real Time Payments ISO 20022 Cross-Border Payments Cross-Border 40

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 59

ISO 20022 Cross-Border Cross-Border Payments Online and Mobile Banking 59

PYMNTS

FEBRUARY 7, 2017

Authentic , he explained, is a platform built to handle real-time payments, originally developed for card transactions — though NCR had to consider change when creating it. “It will continue to change shape. It was created to be transaction-agnostic,” Brown explained. “It It was designed in a way that could handle any type of transaction.”

Faster Payments 46

Faster Payments Technology Real Time Payments ISO 20022 46

PYMNTS

APRIL 14, 2017

Innovation that rides on top of the rails can come from originators and receivers and software companies as well, said Estep. Ubiquity and scale and standards, such as ISO 20022, are necessary to move money.

ACH Network 42

ACH Network ACH Payments ISO 20022 42