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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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Temenos Launches Enterprise Service to Power Faster, Lower-Cost Cross Border Payments

Fintech Finance

The service is ISO20022 ready and supports SWIFT-based flows. Delivered as Temenos SaaS, PSPs also benefit from Temenos’ continuous updates service, helping them support changes in regulations and new messaging standards globally.

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SWIFT Reveals Success, Future Challenges Of Blockchain PoC

PYMNTS

SWIFT has offered another update on its blockchain proof of concept (PoC), reiterating its potential to enrich transaction data, support real-time liquidity management and reconciliation and more. The PoC includes 34 banks, each with their own node in SWIFT’s DLT sandbox.

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Global Cross-Border Payments Expected To Grow, But Challenges Remain

PYMNTS

Recent American Express research found that greater transparency is one of the top priorities for firms that regularly make international payments. More than 110 banks from Europe, Asia Pacific, Africa and the Americas are part of the SWIFT gpi, which has been in a pilot stage. A Call for Transparency. and Australia’s NPP.

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Time For B2B Payments To Get Standardized, Says Nordea

PYMNTS

A new report from financial services company Nordea says corporates are waiting for their banks and other FinServ providers to standardize payment processes. But, researchers explained, each bank that works with thousands of its own customers will prefer to use its own payment format, usually developed internally.

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Smarter Payments Tracker Eyes Interoperability

PYMNTS

Payments messaging firm SWIFT has taken recent steps to promote interoperability of its payments network, recently announcing that it would allow blockchain platforms to loop into SWIFT’s global payments innovations (GPI) service to facilitate real-time transactions. Across the pond, meanwhile, the U.S.’s

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6 Fintech Resources in Asia to Read in Preparation for 2024

Fintech News

Some of the authorities supplying commentary to The Future of Competitive Advantage in Banking & Payments report were from Aite-Noverica, Visa, Swift, Banque Cantonale de Genève, the Payments System Regulator, and HSBC, helping to determine what’s working in current product roadmaps of bank and non-bank FIs from 32 countries globally.

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