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 88

ISO 20022 Payment APIs and Integration ISOs Interoperability 88

Fintech Finance

SEPTEMBER 17, 2024

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.

ISO 20022 105

ISO 20022 ISOs Reconciliation Message Standards 105

PYMNTS

JUNE 7, 2018

’s payments messaging operations through the planned adoption of the ISO 20022 messaging standard, the bank announced Wednesday (June 6). The NPSO, which operates Faster Payments and BACS, is working with the central bank to develop a “Common U.K. The Bank of England is streamlining the U.K.’s

ISO 20022 46

ISO 20022 ISOs Real Time Gross Settlement (RTGS) Message Standards 46

The Payments Association

FEBRUARY 14, 2025

PSD3 promises tighter consumer protections and even more advanced technical standards, amplifying the push for digital transformation. Meanwhile, the European Central Bank continues to emphasise real-time and instant payments. From settlement infrastructure to cybersecurity, there is little room for banks to procrastinate.

ISO 20022 100

ISO 20022 Payment APIs and Integration ISOs Central Bank 100

PYMNTS

AUGUST 28, 2019

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.

ISO 20022 52

ISO 20022 B2B Real Time Payments ISOs 52

PYMNTS

JANUARY 25, 2019

However, the current payments environment in the U.S. is fragmented, Richardson said, and faster payment systems can remove some of the headaches of managing payments data and reconciliation. He pointed to RTP — the only real-time payments rail currently available in the U.S. — as an example.

Real Time Payments 67

Real Time Payments Federal Reserve RTP TCH 67

PYMNTS

MARCH 1, 2019

would consider switching to banks that offer real-time payments capabilities. Among those SMBs, 74 percent are interested in receiving customers’ settlements in real time and 54 percent found importance in making such payments to their vendors and suppliers. These messaging standards attach more data to the transactions.

Faster Payments 53

Faster Payments Real Time Payments Security Message Standards 53