Remove Faster Payments Remove ISO 20022 Remove Payment Programs
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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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Mastercard: Why Nordic Countries Could Fuel RTP Push

PYMNTS

Real-time payments (RTP) is a global initiative that’s been a decade in the making and counting, one that has gained momentum over the last several years. More than 50 countries are actively pursuing, piloting or already live with real-time payment programs. Even so, businesses seem aware of the benefits of RTP.

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ACH Network Processed 21.5B Transactions in 2017

PYMNTS

Last month, NACHA announced it was launching a new initiative to make B2B ACH payments more efficient. The Request for Payment program uses the ISO 20022 messaging standard to facilitate eInvoicing and receive ACH payments that correspond to that bill. percent higher than similar volume reported in 2016.

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How Micro-Services And AI Can Speed FIs’ March Toward Instant Payments

PYMNTS

In an interview with PYMNTS in advance of an industry webinar scheduled for March 31, SmartStream ’s Vincent Kilcoyne, executive vice president of product management, and Roland Brandli, senior vice president of payment programs, said the movement toward digitization means that FIs must re-examine processes and overhaul infrastructure.