The Payments Association

JANUARY 15, 2025

The UKs roadmap to faster, more efficient payments A key area of focus outlined in the National Payments Vision is enabling interoperability between domestic and international systems, supported by the adoption of ISO 20022 messaging standards while ensuring the security of the UKs payment systems.

SWIFT 88

SWIFT ISO 20022 Cross-Border Cross-Border Payments 88

PYMNTS

NOVEMBER 27, 2019

Further, one of the largest benefits to corporates of faster and real-time payments services is less about the speed and more about the data these networks are able to carry along with a transaction. The world is moving more toward standards, and ISO is one of them,” said Halpin. The Community Approach to Ubiquity.

ISO 20022 117

ISO 20022 Cross-Border Payments ISOs Cross-Border 117

PYMNTS

APRIL 19, 2016

Payments technology developers and regulators are beginning to voice their support for ISO 20022, the payments messaging standard that proponents say can streamline global payments with an easier way to link data to a transaction. Up next is Switzerland.

ISO 20022 40

ISO 20022 ISOs Message Standards Federal Reserve 40

PYMNTS

AUGUST 19, 2016

As SWIFT continues to promote the adoption of the ISO 20022 payments messaging standard across financial institutions, the company said it is zeroing in on the potential for ISO 20022 harmonization in the high-value payments space. To highlight that potential, SWIFT revealed on Thursday (Aug.

ISO 20022 40

ISO 20022 ISOs SWIFT Message Standards 40

PYMNTS

FEBRUARY 6, 2020

Payments organization Nacha announced this week that it is rolling out a new platform designed to standardize and streamline the flow of transaction data between payment ecosystem participants. Nacha also pointed to the challenges of manual management, misdirected payments, errors and fraud risks.

Payments Data 73

Payments Data Payment APIs and Integration Credit Union NACHA 73

PYMNTS

MARCH 9, 2018

“The DLT sandbox enabled us to control access, to define and enforce user privileges, to physically segregate confidential data and store it only with the relevant parties while supporting a strong identity framework by linking all participants to their BI and having all keys signed by a SWIFT certification authority,” added Vanderveken.

SWIFT 43

SWIFT ISO 20022 Blockchain Liquidity Management 43

Fintech Finance

APRIL 17, 2024

It will also provide the foundation for new payment products and services to be introduced by members and innovators leading to greater payment choice and convenience for all Canadians. The second piece is the build of the real-time clearing and settlement component.

ISO 20022 52

ISO 20022 Real Time Payments Participant Payment Message 52