PYMNTS

FEBRUARY 26, 2020

PYMNTS recently spoke with Saqib Sheikh, global head of SWIFT’s ISO 20022 program, to learn more about SWIFT’s commitment to assist the financial community in the transition to the new standard in cross-border payments: ISO 20022. Richer Data With A Little Help From Our Friends .

ISO 20022

The Fintech Times

FEBRUARY 5, 2024

Instant payment innovation cutting costs for businesses The research anticipates the adoption of ISO 20022 , a universal standard for instant payments’ financial messaging. The extra remittance data that modern systems support can enable use cases such as automated accounting; drawing businesses to modern payment rails.

Cross-Border Payments

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. ISO 20022’s path to ubiquity could serve as a model for faster payments technologies’ own adoption journeys.

ISO 20022

PYMNTS

SEPTEMBER 29, 2020

“Mastercard allows the wallet holders in Wirex to use their cryptocurrency for day-to-day transactions,” explained Ashok Venkateswaran , Mastercard Blockchain and Digital Assets lead for Asia Pacific, according to the publication. In addition to the expanded Accelerate program, Mastercard is also embracing blockchain for B2B use cases.

Instant Payments

PYMNTS

NOVEMBER 19, 2020

The partnership supports Payment Canada's need for RTR to enable ISO 20022 messaging standards and remain in compliance with the Bank of Canada 's risk management standards for payment systems, an announcement revealed. Businesses Drive Australia's NPP Adoption. TOMIA and Clear Embrace Blockchain for Telecom B2B Payments.

B2B