PYMNTS

APRIL 19, 2017

The largest retail bank in Italy has made its first major step onto the stage of real-time cross-border payments. Intesa Sanpaolo announced Tuesday (April 18) that it has successfully completed its first testing activities with EBA Clearing, using technology by Dovetail for pan-European real-time payments.

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Real Time Payments ISO 20022 Cross-Border Payments Cross-Border 40

PYMNTS

SEPTEMBER 7, 2017

Efficiency is closely linked to digitization, so the Fed’s efforts to promote payments efficiency mean promoting the use of electronic payments. This includes the implementation of ISO 20022 messaging standards across organizations like NACHA and SWIFT. Cross-Border Payments.

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Fed Federal Reserve Cross-Border Payments Cross-Border 49

PYMNTS

SEPTEMBER 23, 2019

The Payments Market Practice Group asked the Federal Reserve to reassess its approach to the project, which involves a three-phased migration to the ISO 20022 messaging standard for the Fedwire Funds Service. If payments are not fully enabled for ISO 20022 by the time SWIFT rolls the system out, messages might get cut off.

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ISO 20022 Federal Reserve ISOs FedWire 76

PYMNTS

AUGUST 16, 2019

Cross-border payments are expected to surge over the next few years as the economy becomes increasingly global and interconnected. The latest Smarter Payments Tracker looks at the infrastructure developments that are making cross-border payment systems faster, more seamless and interoperable.

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Cross-Border Payments Cross-Border ISO 20022 ISOs 81

PYMNTS

JUNE 20, 2016

The Federal Reserve is pushing for adoption of the ISO 20022 global payments messaging standard, a move industry analysts say could streamline B2B payments, especially cross-border. Still, there is progress, Swendseid said. “The U.S.

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ISO 20022 ISOs Fed AFP 40

PYMNTS

SEPTEMBER 12, 2019

“Developing a new and better cross-border B2B payments solution by improving worldwide connectivity in the account-to-account space is central to Mastercard ’s ambition,” the firm’s executive vice president of New Payment Platforms Peter Klein said in a statement.

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AFP Checks ISO 20022 Cross-Border 51

PYMNTS

SEPTEMBER 10, 2019

Today, some of the industry’s biggest players will converge in New York City at this year’s PYMNTS B2B Payments Executive Forum , with Visa as presenting sponsor. The forum is a call to action for key industry stakeholders to tackle friction in the $125 trillion-worth of global payments volume flowing between businesses around the world.

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B2B Cross-Border Payments ISO 20022 59

PYMNTS

SEPTEMBER 23, 2019

The industry push for SWIFT’s ISO 20022 adoption continues to encourage financial institutions to adopt the payments messaging standard for more efficient transmission of transaction data, which can have particular impact for high-value cross-border B2B payments. Beyond the Payment.

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B2B ISO 20022 Payment APIs and Integration ISOs 49

PYMNTS

AUGUST 21, 2020

There are signs that the wheels are beginning to churn once again, however, and though not every industry will recover at the same pace, there is evidence that global trade is once again on the rise. Yet as cross border trade picks back up, the foreign exchange and global payments needs of businesses will intensify.

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Multi-Currency Cross-Border Payments Cross-Border Finance 69

PYMNTS

JULY 9, 2020

In a PYMNTS interview , Tim Coats, Oxbury co-founder, chief customer and regulatory officer, said Faster Payments will become a key rail for the farming and agricultural space to accelerate cash flow through its supply chain. SWIFT Certifies Fiorano ISO 20022.

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ISO 20022 Blockchain Cross-Border Cross-Border Payments 77

PYMNTS

DECEMBER 4, 2018

Drilling down a bit from pan-European efforts in payments infrastructure to more granular ones, in the U.K., a Bank of England consultation about the embrace of messaging standards – specifically, ISO 20022 – has garnered support of a Common Credit Message (CCM) that looks for harmonization of messaging across interbank payment efforts.

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