Remove Message Standards Remove Payments Data Remove Reconciliation
article thumbnail

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. Early adopters will secure a lasting competitive advantage in this evolving landscape.

article thumbnail

Global Data Reporting Pioneer Kani Payments Gets Ready for ISO 20022

Fintech Finance

Kani Payments , the disruptive global data reconciliation and reporting pioneer, today announces it is ready to support the ISO 20022 global messaging standard ahead of the November 2025 implementation date.

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

Volante: Banks Must Look Beyond Speed With Real-Time B2B Payments

PYMNTS

One of the biggest opportunities is in the ability for real-time payments technologies to not just move money quicker, but to also move rich data along with the transaction, particularly amid spreading adoption of the ISO 20022 payments messaging standard.

B2B
article thumbnail

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. There’s a common standard, and payments will be able to be processed faster.

article thumbnail

Citizens Bank’s Corporate Real-Time Payments Play

PYMNTS

payments landscape is shifting into higher gear, pressuring corporations to accelerate their processes. As they work to achieve this, more companies are ditching paper-based methods and embracing digital solutions that streamline payments and reconciliations. However, the current payments environment in the U.S.

article thumbnail

Why Real-Time B2B Payments Adoption May Be A Molehill, Not A Mountain

PYMNTS

While financial institutions upgraded their technology to handle electronic batch payments, it was corporates’ systems that prevented quicker adoption. The process added friction not only to payment processes, said Cooley, but also in terms of reconciliation and the ability to access payment data.

article thumbnail

The Canadian Case For ISO 20022

PYMNTS

When analysts from SWIFT and its ISO 20022 Registration Authority took a look at the various efforts behind adoption of the global messaging standard in 2014, a report found that while implementation projects were on their way across Europe, Russia and Africa, among the laggards were the U.S. in its faster payments initiatives.