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RT2: A strategic transformation for UK payment providers

The Payments Association

RT2 is substantially expanding direct participation. A critical limitation of the previous RTGS was its technical ceiling on participant numbers. This proportional approach makes direct participation viable for a broader range of organisations. Expanded access fundamentally changes competitive dynamics.

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Finastra Facilitates Connection of Swiss Banks in Readiness for New SIC Instant Payments Service

Fintech Finance

All active participants in the Swiss customer payment transactions system via SIC are expected to be capable of processing incoming customer payments instantaneously by the end of 2026. It is based on the ISO 20022 messaging standard which Switzerland has been using for several years.

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BPC Aims to Help Banks Turn ISO 20022 Compliance Into a Strategic Advantage With New Guide

The Fintech Times

In its latest white paper, ‘ ISO 20022 Migration 101: Steps and Strategies for Banks ‘, BPC offers a guide tonavigating one of the most critical transitions in the global financial ecosystem: the shift to ISO 20022 messaging standards.

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Icon Solutions Welcomes NatWest Executives to its Board of Directors, Accelerating the Expansion of IPF

Fintech Finance

He oversees the modernisation of NatWest’s payments technology estate, with responsibility for the run, change and continuous availability of payments as a systemically critical participant in the industry. He also serves on the Board of Directors of SWIFT.

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How Swift is moving the global financial industry towards instant and frictionless payments

The Payments Association

The UKs roadmap to faster, more efficient payments A key area of focus outlined in the National Payments Vision is enabling interoperability between domestic and international systems, supported by the adoption of ISO 20022 messaging standards while ensuring the security of the UKs payment systems.

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

Fintech News

Participants reflected on the progress made to date, discussed potential opportunities and challenges, and shared lessons learned from their respective journeys. As multilateral platforms scale, the governance framework must evolve to keep up with changes in board participation, voting rules, regional representation, and economic models.

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The Not-So-Beaten Path To B2B Payments Real-Time Ubiquity

PYMNTS

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. The world is moving more toward standards, and ISO is one of them,” said Halpin.

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