Remove ISO 20022 Remove Real Time Payments Remove Research
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UK Banks Urged to Act Now Ahead of New Cross-Border Payments Legislation ISO 20022 to Prevent Exclusion from International Payment Networks

Fintech Finance

With just over 18 months to go until the ISO 20022 compliance deadline, leading Quality Engineering company, Roq , is urging UK financial institutions to take the necessary measures now to finalise their plans and focus on the execution of a programme that is, by all published metrics, some way behind the curve.

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BPC Aims to Help Banks Turn ISO 20022 Compliance Into a Strategic Advantage With New Guide

The Fintech Times

With the deadline for mandatory global migration set for November 2025, banks worldwide are under increasing pressure to modernise their payment infrastructures, BPC , the payment solutions provider, reveals in a new white paper. Our mission is to ensure that every institution can transform compliance into a strategic advantage.”

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How Visa, FIS, TCH, SWIFT, Nacha and Circle See The Future of Faster, Real Time Payments Rails

PYMNTS

There may be some tailwind, he said, as recent research has shown that the coronavirus can live for weeks on banknotes and other surfaces. Against that backdrop of moving away from paper payments, and toward ubiquitous real-time payments, TCH’s Waterhouse said there’s probably not a use case “that’s going to tip the scale here.”

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Intix Survey Reveals Only 1 in 3 European Banks Ready for Instant Payments Regulation

Fintech Finance

The research aimed to evaluate the state of instant payments across the European banking sector. With only 17% of organizations relying solely on real-time screening measures. Nearly 40% of organisations reported that ISO 20022 is already their primary standard, while only 8% indicated they have no experience with it.

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B2B Payments Drive Instant Payments, Crypto Innovation

PYMNTS

New payment rails are once again in the spotlight as real-time payments and cryptocurrency emerge as the top focuses for innovators. In this week’s look at payment rails innovation, the European Union begins paving the way for greater crypto adoption, while Mastercard expands its own crypto accelerator initiative.

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Time For B2B Payments To Get Standardized, Says Nordea

PYMNTS

A new report from financial services company Nordea says corporates are waiting for their banks and other FinServ providers to standardize payment processes. The majority of companies surveyed by Nordea for its Future of Payments report said they are working with at least five banks for their payments and collection needs.

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FPC 2024 Fall Member Meeting

Faster Payments Council

Financial Institutions are enabling use cases and improving send reach that allows customers to manage their cash on hand and easily disburse payments up to the due date while maintaining a positive account status and avoiding late fees. We will wrap up with an interactive session for feedback on our research efforts.

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