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Kani Payments , the disruptive globaldata reconciliation and reporting pioneer, today announces it is ready to support the ISO 20022 global messaging standard ahead of the November 2025 implementation date.
The globalpayments ecosystem’s path to faster and real-time payments ubiquity is an evolution, not a revolution. Among corporates, there is an increasing demand that their globalpayment activity is able to keep up with the pace of doing business.
Blockchain has caught the attention of several FIs, especially for B2B and cross-border payments, even if there’s not yet consensus on how to best deploy it in real-world situations. The new remittance scheme will be powered by Ripple’s xRapid and xCurrent services.
“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.
dollar transactions, and that trend will continue to place pressure on the globalpayments ecosystem to deliver faster, more affordable, and more transparent B2B and consumer international payment solutions. For BitPesa, developing a new blockchain payment rail is the answer to that demand.
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