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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. BIS aims to improve the efficiency of cross-border payments.

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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. This single-day implementation aims to enhance the efficiency and interoperability of high-value payment systems. It was to be implemented on March 10.

ISO 20022 142
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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

RT2: Renewed real-time gross settlement marks transformation for UK payment providers 9 June 2025 by Payments Intelligence LinkedIn Email X WhatsApp What is this article about? RT2, the UK’s new Real Time Gross Settlement service, and its transformative impact on the payments ecosystem. Why is it important?

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

The Payments Association

The Payments Pulse is a multipart report covering the most impactful macro trends, innovations and regulatory shifts shaping the future of cross-border payments today. policy changes mean for cross-border payments and your business. Stay tuned for the third and final instalment of The Payments Pulse, released in September 2025.

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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. The benefits are far-reaching.