The Payments Association

JUNE 9, 2025

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?

ISO 20022

Fintech Finance

OCTOBER 21, 2024

The Central Bank of Kenya (CBK) announces that the Kenya Electronic Payment and Settlement System (KEPSS) has been successfully migrated to the ISO20022 Global Messaging Standard (“ISO20022 Standard”). ISO20022 is the latest international open standard for financial messaging that is being adopted globally.

Message Standards

PYMNTS

NOVEMBER 19, 2020

As Canada gears up to launch its real-time payments system, the Real-Time Rail (RTR), Payments Canada , the entity at the head of the initiative, has announced that Mastercard -owned Vocalink has been chosen as the clearing and settlement solution provider for the new payment rail. Volante Explores the Real-Time B2B Value Prop.

B2B

PYMNTS

JANUARY 25, 2019

is fragmented, Richardson said, and faster payment systems can remove some of the headaches of managing payments data and reconciliation. The rail was built on the ISO 20022 messaging standard, which sends data and payments together. Federal support could also come from a proposed real-time liquidity management tool.

Real Time Payments

PYMNTS

SEPTEMBER 13, 2018

Along with real-time conversions comes the need for real-time FX volatility management. Other areas of real-time processes include cash and liquidity management. Topics addressed will include clearing and settlement, rules and standards and migration away from existing infrastructure.

Cross-Border Payments

The Payments Association

APRIL 14, 2025

Related links: Financial promotion rules for cryptoassets Financial promotions data 2024 Top regulatory priorities for the payments sector Mandatory adoption of ISO 20022 for cross-border payments (final preparations Q2) The transition to ISO 20022 for cross-border payments is a fundamental shift in global financial messaging standards.

Regulations