Finextra

JUNE 9, 2025

Nacha’s Smarter Faster Payments conference highlighted the progress that is now being made to expand use-cases and benefits. 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

ISO 20022 52

ISO 20022 ISOs FedNow TCH 52

Fintech News

JANUARY 9, 2025

Additionally, integration challenges were resolved through the adoption of interoperability standards like ISO 20022, enabling compatibility with both domestic and international financial market infrastructures. Following the success of the Immediate State, the Intermediate State phase will expand digital asset use cases.

Distributed Ledger Technology (DLT) 127

Distributed Ledger Technology (DLT) Multi-Currency Interoperability ISO 20022 127

The Payments Association

JUNE 3, 2025

This enables rapid scaling of new payment use cases, without duplicating risk exposure. ISO 20022 encourages richer data exchange between financial institutions, and this also extends to tokens. Lastly, regulatory uncertainty continues to hamper more ambitious use cases, particularly in asset tokenisation.

Security 88

Security Payment APIs and Integration Payment Security Credential 88

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 119

Cross-Border Payments Cross-Border ISO 20022 Research 119

PYMNTS

NOVEMBER 27, 2019

The ISO 20022 payments messaging standard — and faster payment networks’ adoption of it — has proven to be a significant value-add to financial service providers’ faster payments offerings. ISO 20022’s path to ubiquity could serve as a model for faster payments technologies’ own adoption journeys.

ISO 20022 117

ISO 20022 Cross-Border Payments ISOs Cross-Border 117

PYMNTS

NOVEMBER 18, 2020

Ledford explored some of those emerging use cases and offered insight into what's next for the RTP network that could add even more opportunities for financial institutions (FIs) and businesses to extract value from real-time payments. Today's Most Valuable Use Cases.

RTP 82

RTP Use Case Real Time Payments ISO 20022 82

The Payments Association

MARCH 19, 2025

By addressing focused use cases, banks can reduce risk, improve ROI, and incrementally build toward a fully modernised, scalable banking, cards, loans and payments infrastructure. DORA (digital operational r esilience act) is now in effect: EU banks must prove they can withstand cyber threats and disruptionslegacy.

Payment APIs and Integration 88

Payment APIs and Integration Innovation Cross-Border ISO 20022 88

Finextra

JUNE 18, 2025

The initial protocols were refined, expanded, and formalized into a globally recognized suite of ISO 20022-based standards. Initiatives are also exploring Instant Payment use cases based on nexo frameworks. Work is actively underway to integrate Instant Payments use cases.

ISO 20022 52

ISO 20022 Transactions Payment APIs and Integration Cross-Border 52

PYMNTS

JULY 28, 2016

Though it can be traced back to 2004 and was revised as recently as 2013, the ISO 20022 framework is still a source of confusion across the payments industry. WHAT ISO 20022 ISN’T. ISO 20022 is also sometimes related to the programming language XML, but those two are also not one and the same.

ISO 20022 40

ISO 20022 ISOs NACHA ACH 40

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.

FPC 128

FPC ISO 20022 Federal Reserve Instant Payments 128

The Payments Association

JANUARY 22, 2025

Airlines already have mobile boarding passes generated at check-in to expedite boarding, and some work has been done within the airline mobile application; United is a good example use case, eliminating a traditional ID requirement at check-in including baggage. Previously, these exchanges relied on in-person verification.

Security 88

Security Online and Mobile Banking Credential Verification 88

Fintech Finance

JANUARY 11, 2024

Faster Payments Council (FPC) , a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, today published its latest research report, titled The Practicalities of Cross-Border Payments in a Faster Payments World.

Cross-Border Payments 93

Cross-Border Payments Cross-Border Faster Payments ISO 20022 93

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. But it's not only consumers driving demand for real time.

Use Case 56

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

PYMNTS

OCTOBER 10, 2016

ISO 20022, which is designed to set the tone for global financial industry messages, provides a standardized approach to building messaging standards across financial services. Much like ISO 20022, tokenization is not a new concept for NACHA. The Road To Process Improvement. Innovation On Old Initiatives.

Same Day ACH 76

Same Day ACH ACH ISO 20022 NACHA 76

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 129

Instant Payments B2B Innovation ISO 20022 129

PYMNTS

OCTOBER 15, 2020

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.” But he pointed to a use case that might be a bit under the radar. So that is certainly an aspiration.

Real Time Payments 125

Real Time Payments NACHA SWIFT TCH 125

The Payments Association

JUNE 3, 2025

Yet designing for offline-first use cases introduces technical complexity and requires careful consideration to balance user demand with practicality, though recent prototypes show that offline functionality can be achieved on standard smartphones without specialised hardware.

CBDC 88

CBDC Cross-Border Central Bank Cross-Border Payments 88

Faster Payments Council

MARCH 15, 2023

Speakers: Elizabeth McQuerry, Glenbrook Partners; Mike Sklow, Goldman Sachs; Samson Rajan; JP Morgan; Miriam Sheril, Form3 1:30pm-2:10pmCT: Panel Session – Business End-Users Mega Use Cases (City Beautiful Ballroom AB) As more capabilities become available for faster payments, business end users are finding creative ways to use the services.

FPC 88

FPC ISO 20022 Cross-Border Payments Federal Reserve 88

PYMNTS

AUGUST 21, 2020

And there’ll be quite a bit of tinkering with the technology (especially the infrastructure) and the use cases to get there. The focus on wholesale payments may bring various retail use cases to reality — including stimulus and disbursement of government payments. Digital dollars are a maybe – but if so, not for a while.

CBDC 107

CBDC Fed Federal Reserve ISO 20022 107

PYMNTS

NOVEMBER 10, 2020

Banks must understand that shift in order to uncover the most valuable B2B use cases, he said – and that means not only embracing new payments technology, but also adopting new business models that can address the shifting needs of corporates. Uncovering The B2B Use Cases. A Payments Culture Shift.

B2B 117

B2B Real Time Payments Value Added Service ISO 20022 117

The Fintech Times

FEBRUARY 21, 2024

In an increasingly fragmented world, ISO 20022 empowers businesses to leverage improved datasets to not only improve operational resilience and efficiency, but to enhance their customers’ experience and complement new innovations. “Supporting this effort requires rich, structured data that is channelled through a common standard.

Cross-Border Payments 78

Cross-Border Payments Cross-Border ISO 20022 SWIFT 78

PYMNTS

NOVEMBER 13, 2020

Speaking with PYMNTS, Bryan Beattie , vice president of business operations at Everlink Payment Services , said there is ample opportunity for financial service providers to collaborate and introduce new use cases for instant payments in Canada — with SMBs a greenfield opportunity to gain traction.

Real Time Payments 75

Real Time Payments Electronic Funds Transfer (EFT) ISO 20022 Payment APIs and Integration 75

Fintech Review

APRIL 9, 2025

and ISO 20022 Compliance With the recent launch of XDC2.0, XDC Network is ISO 20022 -compliant, aligning with the global messaging standard. ISO 20022 is an international standard for electronic data interchange between financial institutions. Powered by XDC2.0

ISO 20022 52

ISO 20022 ISOs Payment APIs and Integration TPS 52

PYMNTS

NOVEMBER 3, 2020

Bloomberg customers will now be able to use the news site's terminal to look at Credit Benchmark 's credit risk data, which comes from risk views of the world's largest financial institutions, according to a press release. Clients will also be able to use the data for an enterprise use case, the release stated.

Credit Risk 88

Credit Risk B2B Risk ISO 20022 88

PYMNTS

AUGUST 7, 2019

The Nets deal, he recounted, follows logically from recent acquisitions, like Vocalink, where infrastructure was the focus but now looks toward applications and new use cases as revenue drivers. The Use Cases. The second use case on offer revolves around bill presentment and payment.

Visa 77

Visa Acquirers Real Time Payments ISO 20022 77

PYMNTS

NOVEMBER 18, 2020

Not all that long ago, the first use cases of faster payments were promoted and embraced by payments-focused firms such as payroll providers or third-party payment processors. Scaffidi said the security and transparency embedded in ISO 20022 are especially valuable for cross-border B2B payments. “If

Real Time Payments 98

Real Time Payments ISO 20022 Reconciliation Payments 98

PYMNTS

MARCH 9, 2020

Payments providers can encourage such growth by ensuring their rails are easy to work with, such as by implementing ISO 20022 for payments messaging — a standard that developers often use for other web and mobile application projects, according to Ledford. Proving Value.

RTP 81

RTP TCH ISO 20022 Real Time Payments 81

PYMNTS

JUNE 4, 2019

The ISO 20022 messaging functionality on the RTP network provides banks of all sizes with rich messaging capabilities to enable conversational commerce, allowing banks to continue to build strong relationships with their customers.”. “The Currently, the network reaches more than half of accounts in the U.S.

Real Time Payments 48

Real Time Payments ISO 20022 RTP Interbank Settlement 48

The Fintech Times

MAY 9, 2024

Diversifying how LEIs are utilised by both the bank and its clients creates opportunities to leverage the standardised global business identity system in a range of use cases where counterparty verification is required. .” “By providing clients with an LEI, BNP Paribas is also promoting wider global uptake.

ISO 20022 69

ISO 20022 Cross-Border Payments Cross-Border Financial Crimes 69

PYMNTS

JANUARY 26, 2017

Once live, account servicing payment services providers can work with any payments denominated in the euro that are, in turn, compliant with messaging standards (ISO 20022). The payments availability will be 24/7/365 and based on ISO 20022 global messaging standards, compliant with the pan-European EPC scheme.

Instant Payments 40

Instant Payments ISO 20022 Message Standards ISOs 40

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. TOMIA and Clear Embrace Blockchain for Telecom B2B Payments.

B2B 104

B2B Blockchain Real Time Gross Settlement (RTGS) Real Time Payments 104

PYMNTS

NOVEMBER 2, 2020

Depending on the use case and the corporate need, he told Webster, supporting different rails makes sense. Interoperability will get a boost with messaging standards such as ISO 20022. Thus there’ll be no need to pivot to a single set of rails.

B2B 119

B2B Cross-Border Digital Currency Multi-Currency 119

PYMNTS

JANUARY 2, 2019

Different countries operate on different messaging systems, a challenge that can be addressed by standards such as ISO 20022. Use cases that are gaining ground in Australia, Houseman said, include property settlement — purchases of houses, for example. Signing On, With ROI in Sight.

Real Time Payments 79

Real Time Payments RTP ISO 20022 Cross-Border 79

PYMNTS

OCTOBER 12, 2020

Interoperability, he added, will be fostered through the use of ISO 20022, for standardized messaging. “Interoperability is a core component” of FedNow, said Montgomery. We'll look to have interoperability with RTP so that we can start to get that reach.”

Instant Payments 97

Instant Payments FedNow Fed Interoperability 97

PYMNTS

DECEMBER 12, 2019

There are some really strong use cases [of real-time payments] that could address inefficiencies in government payments, if you look at it from a perspective of what the government could get done in areas like tax payments and disbursements like social security,” said Killam. “You What’s especially noteworthy in the current U.S.

RTP 72

RTP Real Time Payments Faster Payments Cross-Border 72

PYMNTS

OCTOBER 2, 2019

The increased use and adoption of P2P technologies, like Zelle and Venmo, demonstrates the consumer demand for this type of frictionless payment option. Settling funds faster, no matter the use case, benefits the entire ecosystem, and takes liquidity risk out of the equation. The Low-Hanging Fruit.

C2B 81

C2B Faster Payments Real Time Payments Lockbox 81

PYMNTS

MARCH 17, 2020

Drilling down a bit, Caldeira said that the speeds of money transfers themselves are increasing across any number of use cases and verticals, and crossing borders with growing frequency. With global reach, Caldeira said, comes the need to scale globally, too.

Cross-Border 91

Cross-Border Innovation Payment APIs and Integration Cross-Border Payments 91