Fintech Finance

OCTOBER 23, 2024

The research aimed to evaluate the state of instant payments across the European banking sector. Respondents cited difficulties in meeting the mandated 10-second 24/7 service level agreement (SLA) and coping with the increased message volumes. With only 17% of organizations relying solely on real-time screening measures.

Instant Payments 105

Instant Payments ISO 20022 Regulations Fraud Detection 105

PYMNTS

SEPTEMBER 29, 2020

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.

Instant Payments 129

Instant Payments B2B Innovation ISO 20022 129

PYMNTS

OCTOBER 1, 2019

Fifty-four faster payment schemes — and counting. Real-time payments are on the radar for most banks, and the opportunity is there to grow top lines and cement customer relationships. Other value propositions include mobile devices enabled to do push payments. In the U.S.,

ISO 20022 69

ISO 20022 Faster Payments FedNow ISOs 69

PYMNTS

NOVEMBER 10, 2020

Real-time payments aren’t just an opportunity for consumers to send and receive money more quickly. Interest in faster payments is also on the rise for corporates, though their adoption of real-time payments won’t look the same as it does in the B2C world. The business model is changing,” he said.

B2B 117

B2B Real Time Payments Value Added Service ISO 20022 117

Faster Payments Council

AUGUST 23, 2024

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. Speakers: Laura Sullivan, Form3; Kenneth T.P. cross-border ambitions continue to increase.

FPC 128

FPC ISO 20022 Federal Reserve Instant Payments 128

PYMNTS

APRIL 19, 2017

Intesa Sanpaolo announced Tuesday (April 18) that it has successfully completed its first testing activities with EBA Clearing, using technology by Dovetail for pan-European real-time payments. Reports in January first surfaced that EBA Clearing was testing its own real-time payments solution compliant with EU payment standards.

Real Time Payments 40

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

The Fintech Times

FEBRUARY 21, 2024

. “Swift’s own strategy for instant and frictionless transactions is closely aligned with the G20 targets, and 89 per cent of transactions on our network now reach the recipient bank within an hour – ahead of the G20’s 2027 goal of settlement within an hour for 75 per cent of international payments.

Cross-Border Payments 78

Cross-Border Payments Cross-Border ISO 20022 SWIFT 78

Fintech Finance

OCTOBER 17, 2024

Swift today published new data which reveals continued progress towards meeting the G20’s goal for the speed of cross-border payments, reporting that 90% of cross-border payments made over the Swift network reach the destination bank within an hour.

Cross-Border Payments 98

Cross-Border Payments Cross-Border SWIFT ISO 20022 98

Neopay

NOVEMBER 26, 2024

With just 33% of respondents confident in meeting the January 2025 deadline for receiving instant payment transactions, the findings expose critical gaps in compliance, infrastructure, and operational capabilities. By October 2025, institutions must also handle outgoing instant payments.

Instant Payments 52

Instant Payments ISO 20022 Regulations ISOs 52

PYMNTS

JULY 2, 2019

Real-time payments (RTP) is a global initiative that’s been a decade in the making and counting, one that has gained momentum over the last several years. More than 50 countries are actively pursuing, piloting or already live with real-time payment programs. Regional Change.

RTP 68

RTP Real Time Payments Visa ISO 20022 68

Fintech News

DECEMBER 12, 2023

.” Rise of instant payments in 2024 Source: Freepik Barry Rodrigues , EVP of Payments at Finastra highlights that instant payments are set to be a major focus in 2024, building on the momentum of initiatives like the US FedNow Service and the European Commission’s move towards instant euro payments.

FinTech 113

FinTech ISO 20022 Fraud Detection Instant Payments 113

PYMNTS

DECEMBER 12, 2019

continues to take significant steps toward a faster payments ecosystem , the market undoubtedly lags behind others across the world in the path toward real-time payments ubiquity. real-time payments journey in a recent interview with PYMNTS. Though the U.S. unlike markets like the U.K.

RTP 72

RTP Real Time Payments Faster Payments Cross-Border 72

Fintech News

DECEMBER 12, 2023

.” Barry Rodrigues , EVP of Payments at Finastra highlights that instant payments are set to be a major focus in 2024, building on the momentum of initiatives like the US FedNow Service and the European Commission’s move towards instant euro payments.

FinTech 98

FinTech ISO 20022 Fraud Detection Financial Literacy 98

PYMNTS

JANUARY 7, 2021

An estimated $10 trillion in B2B payment flows move across border every year, yet only a small fraction of that volume is digital. To make meaningful progress, the enterprise will need to begin looking at B2B payments not as a siloed process, but as an integrated, strategic workflow. Emerging Ecosystems.

Cross-Border 97

Cross-Border B2B Payment APIs and Integration ISO 20022 97

PYMNTS

NOVEMBER 3, 2020

In this week's roundup of payment rail innovation, PYMNTS finds B2B payments use cases serve as an important driver of adoption, with FinTechs and financial service providers embracing payment rails old and new to enable real-time B2B payments and foreign exchange. OpenPayd Debuts Real-Time FX.

Use Case 56

Use Case B2B Distributed Ledger Technology (DLT) ISO 20022 56

PYMNTS

DECEMBER 1, 2020

B2B payments have none of those hallmarks, Gupta noted. And the pandemic has exposed some pain points in B2B transactions, as banks have to process payments no matter where their corporate customers are (B2B payment volumes are growing even as overall GDP has taken a hit, he added).

ISO 20022 71

ISO 20022 B2B Payments Wire 71

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

Bottomline will integrate NCR’s payment processing platform, Authentic, onto its Faster Payments solution, giving smaller banks an easier way to wield this technology for their own clients. NCR Marketing Director Andy Brown told PYMNTS that the evolution of faster and real-time payments in the U.K.

Faster Payments 46

Faster Payments Technology Real Time Payments ISO 20022 46

The Payments Association

NOVEMBER 12, 2024

Performance testing ensures that applications can handle high transaction volumes during peak periods, while user experience (UX) testing ensures that digital interfaces are intuitive and meet customer and user needs. Regarding customer outcomes, QE ensures that digital banking solutions are reliable, fast, and user-friendly.

Online and Mobile Banking 88

Online and Mobile Banking Non-Bank ISO 20022 On-Demand 88

PYMNTS

OCTOBER 18, 2017

Temenos recently released research with Ovum, the “ 2017 Transaction Banking Survey: Challenges & Imperatives of Real-Time Payment and Liquidity ,” that found 80 percent of corporate treasurers are exploring their options and considering switching banking providers if it means they’ll gain access to better, value-added services.

ISO 20022 49

ISO 20022 Risk Management Real Time Payments On-Demand 49

The Fintech Times

JUNE 13, 2024

The transaction volume of payments in the Middle-East and Africa region is set to almost quadruple by 2027 ($2.6billion) from its value in 2022 ($675million). This adaptability is key to expanding the reach and functionality of instant payment systems, making them integral to the growth of e-commerce and the broader digital economy.

Instant Payments 59

Instant Payments Payment APIs and Integration ISO 20022 Payment Gateways 59

PYMNTS

OCTOBER 6, 2017

The payments solution supports single and bulk payment file management, customized reporting, integration with treasury management systems and ERPs and performance enhancements to improve handling of high account volumes and processing times, according to Fides.

Treasury 57

Treasury Treasury Management Message Standards ISOs 57

PYMNTS

NOVEMBER 3, 2020

After all, $20 trillion in paper payments is a lot to get rid of overnight. Lower business volumes translate, naturally, into lower check volumes. Real-time payments and ACH will co-exist for a long time, said observers. That’s where the market’s going. Paper checks are waning, but temporarily.

Checks 82

Checks B2B Payments Payment APIs and Integration 82

Fintech News

JANUARY 22, 2025

APAC has solidified its position as the leader in global real-time payments, processing nearly 70% of the worlds 266 billion transactions in 2023. What makes APAC unique is its blend of diverse regulatory frameworks and a multitude of exotic currencies, creating a dynamic payments environment. the previous year.

Real Time Payments 123

Real Time Payments APACS ISO 20022 Cross-Border 123

Fintech Finance

APRIL 30, 2025

BPC , a global leader in payment solutions, today announced the launch of its latest white paper, ISO 20022 Migration 101: Steps and Strategies for Banks. With the deadline for mandatory global migration set for November 2025, banks worldwide are under increasing pressure to modernise their payment infrastructures.

ISO 20022 97

ISO 20022 ISOs SWIFT Financial Inclusion 97

The Payments Association

FEBRUARY 18, 2025

As maintenance costs soar, outdated systemsoften running on COBOLfail to support real-time payments, AI-driven analytics, and automated compliance checks. The need for speed and automation One of the biggest drivers of modernisation is the accelerating pace of payments. billion real-time transactions by 2028.

Payment APIs and Integration 88

Payment APIs and Integration Fraud Detection ISO 20022 Real Time Payments 88