Remove Cross-Border Payments Remove ISO 20022 Remove Real Time Gross Settlement (RTGS)
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ISO 20022 – Expanding like no tomorrow

ACI Worldwide Blog

ISO 20022 is a messaging standard used across the financial industry. In the domestic Real-Time Gross Settlement (RTGS)/Wire and cross-border payment spaces, transformation to the most recent ISO 20022 (HVPS+ and CBPR+) messaging standards has been ongoing since 2022.

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Moving Money X-Border In The Age Of ‘Business As Unusual’

PYMNTS

Making cross-border payments work — across currencies and across time zones — is no easy task. The challenges are myriad, marked by (to name just a few) legacy systems; new domestic, faster payments rails; and the need to manage and mitigate fraud risk. “That isn’t changing,” said Brandli.

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EU Parliament Eyes New Rules On Cross-Border Payment Fees

PYMNTS

Separately, in terms of individual company news, and also in Europe, EastNets and Bankingblocks said they have teamed up to present modular “banking blocks” aimed at faster cross-border payments. In Canada, Payments Canada said on Wednesday (Feb.