PYMNTS

NOVEMBER 27, 2019

Further, one of the largest benefits to corporates of faster and real-time payments services is less about the speed and more about the data these networks are able to carry along with a transaction. The world is moving more toward standards, and ISO is one of them,” said Halpin.

ISO 20022 117

ISO 20022 Cross-Border Payments ISOs Cross-Border 117

PYMNTS

JANUARY 30, 2019

According to a statement , “gpi Link will seamlessly connect gpi members to multiple trade platforms, thereby enabling gpi payment initiation, end-to-end payment tracking, payer authentication and credit confirmation.

SWIFT 60

SWIFT Distributed Ledger Technology (DLT) Payment APIs and Integration Message Standards 60

PYMNTS

JANUARY 30, 2019

According to a statement , “gpi Link will seamlessly connect gpi members to multiple trade platforms thereby enabling gpi payment initiation, end-to-end payment tracking, payer authentication and credit confirmation.

SWIFT 46

SWIFT Distributed Ledger Technology (DLT) Payment APIs and Integration Message Standards 46

PYMNTS

OCTOBER 10, 2016

ISO 20022, which is designed to set the tone for global financial industry messages, provides a standardized approach to building messaging standards across financial services. As Throckmorton pointed out, it’s not about moving money but more about making processes better, more standard and more secure.

Same Day ACH 76

Same Day ACH ACH ISO 20022 NACHA 76

PYMNTS

NOVEMBER 18, 2020

Fifth Third’s Chayt said the need for speed might have gotten real-time payments initiatives off the ground, but that’s just a starting point. economy is proving to be a tailwind for faster payments and processes. The “now,” according to the panelists, demands interoperability between rails, which is an eventuality.

Real Time Payments 98

Real Time Payments ISO 20022 Reconciliation Payments 98

PYMNTS

SEPTEMBER 7, 2017

This year is a critical one for this initiative, the Fed said, with the Fed’s Faster Payments Task Force having already issued the results of its assessment and recommendations for continued progress. This includes the implementation of ISO 20022 messaging standards across organizations like NACHA and SWIFT.

Fed 49

Fed Federal Reserve Cross-Border Payments Cross-Border 49

PYMNTS

MARCH 16, 2016

When analysts from SWIFT and its ISO 20022 Registration Authority took a look at the various efforts behind adoption of the global messaging standard in 2014, a report found that while implementation projects were on their way across Europe, Russia and Africa, among the laggards were the U.S. in its faster payments initiatives.

ISO 20022 40

ISO 20022 ISOs Message Standards Cross-Border 40