article thumbnail

RT2: A strategic transformation for UK payment providers

The Payments Association

Payment providers to strategically invest in ISO 20022 implementation, API integration, and service innovation to fully leverage RT2’s capabili The launch of RT2, the renewed Real Time Gross Settlement (RTGS) service, on 28 April 2025 marks a significant milestone for the UK’s payments infrastructure. What’s next?

article thumbnail

Live Oak Bank Implements Finzly’s Fedwire Solution

Finovate

Live Oak Bank has enhanced its commercial and small business banking services by partnering with Finzly for its Fedwire solution. Finzly’s technology enables 100% straight-through processing (STP) and will help ensure the bank is compliant with upcoming ISO 20022 regulations.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

The battle for merchant deposits: How the fintech sector is challenging banks’ core business

The Payments Association

While this core structure remains, there is now a diverse range of “merchant intermediaries” that have become an integral part of the merchant services landscape. These intermediaries include payment gateways, independent sales organisations (ISOs), software companies, shopping cart platforms, and payment orchestration platforms.

article thumbnail

How are digital IDs reshaping industries for a secure and seamless future?

The Payments Association

Enriched data insights enable AI innovation, translating into more tools and value-added services. Combine digital ID, AI and new rich data standards like ISO 20022, and I’m excited to see what can be done. Imagine buying an airline ticket, being onboarded, and checking out in one click.

article thumbnail

Webinar: Leading the Way in Instant Payments Innovation-Maximizing the Full Potential of RTP® and FedNow®

Faster Payments Council

Strategies for leveraging ISO 20022 messages to develop profitable value-added services. Webinar Focus: Understanding the strategic importance of actively sending instant payments to maximize institutional growth. Catering to corporate customers as the primary revenue source for instant payments.

article thumbnail

Webinar: Leading the Way in Instant Payments Innovation-Maximizing the Full Potential of RTP and FedNow

Faster Payments Council

Strategies for leveraging ISO 20022 messages to develop profitable value-added services. Webinar Focus: Understanding the strategic importance of actively sending instant payments to maximize institutional growth. Catering to corporate customers as the primary revenue source for instant payments.

article thumbnail

Webinar: Leading the Way in Instant Payments Innovation-Maximizing the Full Potential of RTP® and FedNow®

Faster Payments Council

• Strategies for leveraging ISO 20022 messages to develop profitable value-added services. Webinar Focus: • Understanding the strategic importance of actively sending instant payments to maximize institutional growth. • Catering to corporate customers as the primary revenue source for instant payments.