PYMNTS

AUGUST 19, 2016

As SWIFT continues to promote the adoption of the ISO 20022 payments messaging standard across financial institutions, the company said it is zeroing in on the potential for ISO 20022 harmonization in the high-value payments space. To highlight that potential, SWIFT revealed on Thursday (Aug.

ISO 20022 40

ISO 20022 ISOs SWIFT Message Standards 40

PYMNTS

OCTOBER 3, 2019

“BitPay customers are leveraging the promise of blockchain payment technology — and, with XRP, can offer a payment option that is fast, cost-effective and scalable,” said Sean Rolland, director of product at BitPay, in the announcement.

API 76

API Finance SWIFT Blockchain 76

PYMNTS

OCTOBER 17, 2018

17) said NPP Australia, along with payments messaging firm SWIFT , is launching the sandbox via application programming interfaces (APIs) that will allow startups and FinTech developers to integrate NPP’s real-time payments functionality into their own solutions. APIs can encourage the openness of the system.

API 59

API Payment APIs and Integration Overlay Service Real Time Payments 59

PYMNTS

AUGUST 16, 2019

The latest Smarter Payments Tracker looks at the infrastructure developments that are making cross-border payment systems faster, more seamless and interoperable. Recent American Express research found that greater transparency is one of the top priorities for firms that regularly make international payments.

Cross-Border Payments 81

Cross-Border Payments Cross-Border ISO 20022 ISOs 81

The Fintech Times

OCTOBER 19, 2024

Through its new Instant Payments Service, Broadridge supports real-time money transfers, operating constantly, with transaction processing times of under 10 seconds from payer to beneficiary. ” The post New Broadridge Financial Solutions Service Enables Businesses to Benefit From Instant Payments appeared first on The Fintech Times.

Instant Payments 52

Instant Payments SWIFT Payer Request for Payment 52

PYMNTS

DECEMBER 23, 2019

Payments messaging technology provider SWIFT recently opened up its Know Your Customer (KYC) platform, the KYC Registry , directly to corporates. The initiative enables 2,000 corporate groups on the SWIFT network to utilize the KYC Registry by uploading and maintaining their KYC data with financial institutions.

Law Enforcement 52

Law Enforcement Laws FTC SWIFT 52

PYMNTS

APRIL 23, 2018

The bank is using SWIFT’s gpi service , and is also reportedly in discussions with the payments messaging company to join a consortium to develop a real-time payments solution for cross-border transactions in the Asia Pacific region.

Real Time Payments 46

Real Time Payments Cross-Border Payments Cross-Border SWIFT 46

PYMNTS

DECEMBER 20, 2018

“We have been committed to Open Banking from the beginning because we could really see the potential for creating new products and services that bring value to our customers,” said Nordea Open Banking head Gunnar Berger in a statement. Or do corporates limit their choice of bank by insisting on their preferred format?”.

ISO 20022 57

ISO 20022 Value Added Service API ISOs 57

PYMNTS

MAY 23, 2018

SWIFT Deepens Faster Payments Presence Across Europe. Global payments logistics service provider EFiS is broadening its collaboration with payments messaging firm SWIFT to facilitate connection to faster payments networks in Europe. Yelp Renews Antitrust Complaint Against Google.

Faster Payments 40

Faster Payments SWIFT Payment Message Research 40

PYMNTS

MARCH 16, 2016

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. “It

ISO 20022 40

ISO 20022 ISOs Message Standards Cross-Border 40

PYMNTS

JANUARY 26, 2017

Real-time payments and reconciliation, the company added, could be a major boost to corporate cash management efforts, too. Further, blockchain, Finlync said, negates the need for participants to align with what the company described as “complex” payments messaging standards like ISO.

Blockchain 57

Blockchain Cross-Border Payments B2B Cross-Border 57

PYMNTS

SEPTEMBER 23, 2019

Open banking is incentivizing banks to open up data in ways to promote product innovation and industry competition, but financial institutions stand to gain significantly from leveraging the data they hold. trillion suspended between accounts receivable and accounts payable as those payment terms lengthen and B2B sales are made on credit. .”

B2B 49

B2B ISO 20022 Payment APIs and Integration ISOs 49

Fintech Labs Insights

OCTOBER 16, 2016

Organized by SWIFT, Sibos is considered to be the world’s premier financial services event covering areas such as payments, securities, cash management, and trade. Interestingly, Ripple recently hired former SWIFT board member. Sibos 2016 Celebrates the Blockchain. So what was big at Sibos 2016 this year?

EMV 17

EMV P2P Same Day ACH FinTech 17

PYMNTS

MAY 2, 2019

SWIFT is expanding its network-wide payments validation toolkit, announcing Thursday (May 2) a new “in-flight” cloud-based payment investigation and resolution service. In a press release, SWIFT said the new feature allows for dynamic query handling between banks on the SWIFT network.

SWIFT 76

SWIFT Cross-Border Payments Payment APIs and Integration Cross-Border 76

PYMNTS

SEPTEMBER 24, 2019

For today’s payment service providers, accelerating payments across borders means either developing new infrastructure, or making use of existing rails, to move money around the world. Below, PYMNTS looks at the latest news in cross-border payments innovation as industry players complete, collaborate and innovate.

SWIFT 73

SWIFT Cross-Border Payment APIs and Integration Cross-Border Payments 73

PYMNTS

JUNE 7, 2018

Competition in the cross-border payments market is on the rise as blockchain firm Ripple and payments messaging company SWIFT vie for market leadership. The company also launched a partnership earlier this year with Spain’s Banco Santander to develop a cross-border payments service based on XCurrent.

Cross-Border Payments 59

Cross-Border Payments Cross-Border SWIFT Blockchain 59

PYMNTS

MARCH 26, 2018

SWIFT’s gpi initiative is broadening payment tracking capabilities, according to a press release from the payments messaging organization. SWIFT rolled out the gpi Tracker solution last year as a solution to help treasurers track payments in real time with a focus on cross-border transactions.

Real Time Payments 43

Real Time Payments SWIFT Cross-Border Payments Cross-Border 43

PYMNTS

JULY 1, 2019

The rise of the global economy and the demand for swift and secure cross-border payments is driving the development of more efficient infrastructures, and spurring financial institutions (FIs) to experiment with emerging tech. Clearly, luxury retailers have different needs than nonprofits.

Cross-Border Payments 84

Cross-Border Payments Cross-Border Blockchain SWIFT 84

PYMNTS

JUNE 13, 2018

billion dollars every year on blockchain as banks and other companies emerge from proof-of-concept stage into market launches and commercial products. This week, reports in the Financial Times highlighted the competitive pressure between SWIFT and Ripple as the two companies rival for the top spot in the cross-border payments market.

Blockchain 44

Blockchain Distributed Ledger Technology (DLT) SWIFT Cross-Border Payments 44