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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. The post BIS Sets Out Roadmap for ISO 20022 Implementation in Cross-Border Payments appeared first on Fintech Singapore.

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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? What’s next?

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Live Oak Bank Implements Finzly’s Fedwire Solution

Finovate

Finzly’s technology enables 100% straight-through processing (STP) and will help ensure the bank is compliant with upcoming ISO 20022 regulations. The deployment enables 100% straight-through processing (STP) and facilitates the bank’s compliance with upcoming ISO 20022 compliance requirements ahead of schedule.

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Nexus Empowers APAC Financial Institutions to Achieve G20 Cross-Border Payment Targets

Fintech News

Bottomline helps financial institutions modernise their payments infrastructure and enable multi-rail connectivity, while also supporting their readiness for industry-wide mandates and initiatives such as ISO 20022 and those similar to Project Nexus. This removes layers of fees and reduces settlement time.

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Digital Rupiah Inches Closer with Successful Completion of PoC

Fintech News

The processes included converting reserve account balances into digital Rupiah and vice versa, ensuring seamless interoperability with Bank Indonesias Real-Time Gross Settlement (BI-RTGS) system. The platforms met all criteria, showcasing their capability to effectively support the envisioned system.

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Why the U.S. has reached a real-time tipping point

Finextra

To extract more value from ISO 20022 data banks will need to consolidate Alongside all of this, FedWire ISO 20022 implementation deadline is looming large in the minds of U.S Successfully monetizing payments data, however, demands the ability to natively process new ISO 20022 format messages.

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Real-Time Payments and the Future of Cross-Border Transactions: What Businesses Need to Know

Finextra

With APIs, ISO 20022 messaging, and global collaborations, real-time payments are transforming the way companies operate across borders. With near-instant transfers, standardized messaging protocols like ISO 20022, and fintech-led innovations, businesses now operate in a faster, more transparent financial environment.