Fintech Finance

OCTOBER 21, 2024

The Central Bank of Kenya (CBK) announces that the Kenya Electronic Payment and Settlement System (KEPSS) has been successfully migrated to the ISO20022 Global Messaging Standard (“ISO20022 Standard”). ISO20022 is the latest international open standard for financial messaging that is being adopted globally.

Message Standards 83

Message Standards Real Time Gross Settlement (RTGS) Settlement Cross-Border 83

PYMNTS

NOVEMBER 10, 2020

One of the biggest opportunities is in the ability for real-time payments technologies to not just move money quicker, but to also move rich data along with the transaction, particularly amid spreading adoption of the ISO 20022 payments messaging standard.

Real Time Payments 117

Real Time Payments B2B Value Added Service ISO 20022 117

PYMNTS

DECEMBER 12, 2019

An embrace of global standards like the ISO 20022 messaging standard will be key, said Killam. Learning from World Peers. Faster Payments Council , which also recently secured sponsorship from the Federal Reserve. In the U.S.

RTP 72

RTP Real Time Payments Faster Payments Cross-Border 72

PYMNTS

JANUARY 25, 2019

is fragmented, Richardson said, and faster payment systems can remove some of the headaches of managing payments data and reconciliation. The rail was built on the ISO 20022 messaging standard, which sends data and payments together. Federal support could also come from a proposed real-time liquidity management tool.

Real Time Payments 67

Real Time Payments Federal Reserve RTP TCH 67