The Payments Association

JUNE 9, 2025

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.

ISO 20022 88

ISO 20022 Payment APIs and Integration ISOs Interoperability 88

Finextra

JULY 8, 2025

CIPS, established under the approval of the People’s Bank of China, is a wholesale payment system dedicated to cross-border RMB transactions. However, these institutions must partner with domestic custodian banks to maintain settlement accounts, ensuring regulatory oversight and liquidity management.

Global Payments 52

Global Payments Real Time Gross Settlement (RTGS) Cross-Border Cross-Border Settlement 52

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”). KEPSS, which is Kenya’s Real-Time Gross Settlement (RTGS) system, is operated by CBK to process large-value and time-critical payments.

Message Standards 98

Message Standards Real Time Gross Settlement (RTGS) Settlement Cross-Border 98

PYMNTS

NOVEMBER 19, 2020

This week’s round-up of the latest innovations in payment rails for B2B payments shows a key focus on real-time transactions and embrace of emerging, faster payment rails. We started on the process of seriously thinking through what it looks like to add value to transactions, even if you don't control the underlying rails.".

B2B 104

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

PYMNTS

NOVEMBER 14, 2018

A new report from Deutsche Bank said this industry path is guiding banks and corporates to a new destination: real-time treasury. “While there might still be less use of liquidity at night and over the weekend, payment service providers will not want to set all their available liquidity aside for real-time payment services.”

Real Time Payments 78

Real Time Payments Real Time Gross Settlement (RTGS) Same Day ACH Liquidity Management 78

The Payments Association

APRIL 14, 2025

Delayed preparation may result in incompatibility with global payment systems, transaction failures, data truncation, and increased regulatory scrutiny. Institutions that are not fully prepared risk being locked out of clearing and settlement infrastructure, impacting both operational resilience and client service delivery.

Regulations 88

Regulations ISO 20022 Cross-Border Legal 88