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RT2: A strategic transformation for UK payment providers

The Payments Association

Wider interoperability ISO 20022 interoperability RT2 implements ISO 20022 as its native messaging standard, unlocking enhanced interoperability and richer data capabilities across both domestic and international payment flows.

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Three Years On, Open Banking Broadens For Business Banking

PYMNTS

Citi is accelerating its migration to the ISO 20022 payments messaging standard and has tapped a third-party FinTech to aid in the process. Citi is using Volante’s VolPay for ISO 20022 Migration technology to build out its core ISO 20022 capability, which will allow the bank to send and receive messages that use the standard.

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Unpacking 3 Key Concepts From G20’s Enhanced Cross Border Payments Plan

Fintech News

Theme 1: Establishing Optimal Governance and Interoperability Frameworks Effective governance and interoperability frameworks will be crucial for managing the complexities of cross-border payments.

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EU Parliament Eyes New Rules On Cross-Border Payment Fees

PYMNTS

The companies noted that the blocks are focused on SWIFT and SEPA payments, using EastNets’ PaymentSafe and SafeWatch Filtering solutions, which will make such payments compliant with anti-money laundering (AML) mandates.

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Citi To Accelerate ISO 20022 Adoption Via Volante Partnership

PYMNTS

Volante Technologies , which works in cloud payments and financial messaging, is working with Citi to expedite Citi’s adoption of the ISO 20022 financial messaging standard, according to a press release.

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The Challenges And Benefits Of ISO 20022 Migration

PYMNTS

In today’s digital age, however, speedy transactions depend on payment rails that support rapid settlement and messaging standards that enable sending and quickly processing comprehensive payment details. . Interoperability And Adoption .

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Red Hat: Innovating Payments The Open Source Way

PYMNTS

As Caldeira told PYMNTS, “You need to integrate all these networks together to exchange the messages … nothing else can happen without industry-level agreements.”. However, even with messaging standardization undertaken at country or industry level, there is still a risk that cross-network integration gets done on a peer-to-peer basis.