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ESG-Linked Payments in Transaction Banking

Finextra

However, these tools lived in capital markets rather than in routine cash management, and their influence depended on large issuances instead of everyday transactions. Real-time tools measure a transaction’s carbon footprint so payers can offset emissions or earn “green points” at checkout. offset purchase) where needed.

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RT2: A strategic transformation for UK payment providers

The Payments Association

Wider Interoperability and Global Standards With ISO 20022, RT2 aligns the UK’s payments infrastructure with global standards. This supports richer data, improved compliance, and more efficient cross-border transactions. Real-time APIs offer continuous visibility, enabling near 24/7 operational flexibility and efficiency.

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BofA Clients Embrace New $10 Million Limit in U.S. Real-Time Payments

Fintech Finance

Recent action from The Clearing House to increase the transaction limit on real-time payments from $1 million to $10 million is fueling new use cases in business-to-business payments among Bank of America clients. The originator of a payment has transparency into the status of transaction, including whether it has been accepted or rejected.

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ISO20022: The big shift to structured addresses

Finextra

Soon, ISO 20022, a messaging standard designed to improve how payments are processed and communicated, will become the global norm. ISO 20022 was introduced in 2004 and has since been part of a long and complex journey to improve international payment messaging.

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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.

SWIFT 88
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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. Through the initiative, it enhancedfinancial inclusion and transaction speed nationwide.

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Successful Migration of the Kenya Electronic Payment and Settlement System to the ISO20022 Global Messaging Standard

Fintech Finance

The Central Bank of Kenya (CBK) announces that the Kenya Electronic Payment and Settlement System (KEPSS) has been successfully migrated to the ISO20022 Global Messaging Standard (“ISO20022 Standard”). It is the backbone of Kenya’s domestic and regional payment transactions. million transactions valued at over Ksh.