The Fintech Times

NOVEMBER 14, 2024

According to new research from payments modernisation firm RedCompass Labs , 91 per cent of banks worldwide are juggling multiple, multi-year, multi-million dollar modernisation projects, however, many are struggling to meet modernisation demands. The choice is ours.

ISO 20022 59

ISO 20022 AI FedNow RTP 59

Fintech Finance

NOVEMBER 12, 2024

Banks worldwide are juggling multiple, multi-year, multi-million-dollar modernization projects, such as ISO 20022, SEPA Instant in Europe, and FedNow and RTP in the US. Over nine in ten (91%) banks now consider payments modernization a high priority, but research shows most are struggling to meet demands.

ISO 20022 98

ISO 20022 AI FedNow RTP 98

Faster Payments Council

AUGUST 23, 2024

2:20pm-3:00pmMT: Concurrent Breakout Session – The Power of ISO 20022: Unlocking Efficiency and Global Reach in Payments (Capitol Ballroom 7) The world of payments is undergoing a major transformation with the adoption of ISO 20022. We will wrap up with an interactive session for feedback on our research efforts.

FPC 128

FPC ISO 20022 Federal Reserve Instant Payments 128

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. Stoddart believes that getting more RTP standards and best practices — homogenization — in play is important to getting more from real-time payments in its second life.

RTP 68

RTP Real Time Payments Visa ISO 20022 68

PYMNTS

AUGUST 16, 2019

Recent American Express research found that greater transparency is one of the top priorities for firms that regularly make international payments. Last month, SWIFT released its first set of guidelines for financial institutions using the ISO 20022 payments messaging standard to complete cross-border transactions.

Cross-Border Payments 81

Cross-Border Payments Cross-Border ISO 20022 ISOs 81

PYMNTS

OCTOBER 15, 2020

There may be some tailwind, he said, as recent research has shown that the coronavirus can live for weeks on banknotes and other surfaces. There’s room for RTP and ACH to co-exist, said Waterhouse, “for a very, very long time.”

Real Time Payments 125

Real Time Payments NACHA SWIFT TCH 125

PYMNTS

AUGUST 7, 2020

Drilling down a bit into why real-time payments are taking on more urgency for retailers, Brainard said research showed that households “with the least liquid resources” — marked by relatively lower income and savings — boosted their spending starting on the day they received emergency-relief payments. Clearing House has the RTP network.

Fed 75

Fed Instant Payments FedNow Interbank Settlement 75