PYMNTS

AUGUST 1, 2019

Payments messaging firm SWIFT has released its first set of guidelines for financial institutions using the ISO 20022 payments messaging standard to complete cross-border transactions. ISO 20022 will modernize international and domestic payment rails, enabling right and new payment services.”

ISO 20022 76

ISO 20022 ISOs SWIFT Cross-Border 76

PYMNTS

FEBRUARY 19, 2019

That probably won’t come as a surprise to many in the B2B payments space, considering that organizations typically try to float their capital for as long as possible, a cash management tactic that can lead to longer payment terms with small suppliers, and the prevalence of late payments. In the U.K.,

Faster Payments 75

Faster Payments Accounts Remittance Data Same Day ACH 75

PYMNTS

SEPTEMBER 5, 2019

We have built the world-leading BankID service and the Swish payment method,” said Kirstine Nilsson, Swedbank’s head of business infrastructure, consumer payments and cash management. “We “In the Nordics we know the benefits of collaboration in the standards space.

SWIFT 72

SWIFT ISO 20022 Authorization API 72

PYMNTS

MARCH 21, 2017

For a few years the corporate banking space has been discussing the potential for ISO 20022 to streamline payments, with industry forces like SWIFT and SEPA promoting its adoption. But, according to Nordea, obstacles remain for ISO 20022 to take off as a payments messaging standard and provide corporates the efficiency they need.

ISO 20022 77

ISO 20022 ISOs B2B Message Standards 77

PYMNTS

JULY 22, 2020

And at the broader level, as the current market climate drives further adoption of digital payments, growing adoption of real-time transacting is contributing to the modernization of a cashless, resilient economy. But for entities to truly obtain the value of real-time payments, they must first overcome a resistance to change.

Real Time Payments 90

Real Time Payments FedNow Payments Faster Payments 90

PYMNTS

DECEMBER 20, 2018

The ISO 20022 payments messaging format can be an instrumental component to global payments standardization, particularly as industry heavyweights like SWIFT promote its adoption.

ISO 20022 57

ISO 20022 Value Added Service API ISOs 57

PYMNTS

SEPTEMBER 11, 2019

In an interview with PYMNTS , Citi’s Global Head of Payments and Receivables Manish Kohli explained how APIs that pre-validate payments data can reduce errors and costs while improving speed. In the Nordics, we know the benefits of collaboration in the standards space.

Cross-Border Payments 76

Cross-Border Payments Cross-Border ISO 20022 Real Time Payments 76