Payments Dive

JUNE 11, 2024

The move to ISO 20022 is coming late next year and many financial institutions remain unprepared for the switch.

ISO 20022 130

ISO 20022 ISOs Finance 130

PYMNTS

FEBRUARY 26, 2020

PYMNTS recently spoke with Saqib Sheikh, global head of SWIFT’s ISO 20022 program, to learn more about SWIFT’s commitment to assist the financial community in the transition to the new standard in cross-border payments: ISO 20022. Richer Data With A Little Help From Our Friends .

ISO 20022 104

ISO 20022 ISOs SWIFT Cross-Border Payments 104

Fintech Finance

APRIL 24, 2024

With just over 18 months to go until the ISO 20022 compliance deadline, leading Quality Engineering company, Roq , is urging UK financial institutions to take the necessary measures now to finalise their plans and focus on the execution of a programme that is, by all published metrics, some way behind the curve.

ISO 20022 145

ISO 20022 Cross-Border Payments ISOs Cross-Border 145

Payments Source

MAY 8, 2020

Citing a need to better serve its customers in the future and also boost the image of the XRP cryptocurrency, Ripple announced this week it was joining the ISO 20022 standardization committee.

ISO 20022 121

ISO 20022 ISOs Cryptocurrency Compliance 121

Fintech Finance

SEPTEMBER 17, 2024

Kani Payments , the disruptive global data reconciliation and reporting pioneer, today announces it is ready to support the ISO 20022 global messaging standard ahead of the November 2025 implementation date.

ISO 20022 105

ISO 20022 ISOs Reconciliation Message Standards 105

Fintech News

MAY 21, 2024

The financial messaging network will extend ISO 20022 across the entire payment chain and provide banks with ready-to-use tracking services. By standardising payments end-to-end with ISO 20022, Swift enables financial institutions to capture detailed data from the outset.

ISO 20022 105

ISO 20022 Cross-Border Payments Cross-Border ISOs 105

Finovate

FEBRUARY 20, 2025

Finzly’s technology enables 100% straight-through processing (STP) and will help ensure the bank is compliant with upcoming ISO 20022 regulations. The deployment enables 100% straight-through processing (STP) and facilitates the bank’s compliance with upcoming ISO 20022 compliance requirements ahead of schedule.

FedWire 114

FedWire ISO 20022 ISOs Payment APIs and Integration 114

Fintech Finance

SEPTEMBER 18, 2024

These reports serve as critical resources for financial institutions seeking to implement ISO 20022, a global standard that is reshaping the landscape of financial messaging. The first report, How to ISO 20022, provides a detailed roadmap for financial institutions on how to successfully adopt and implement ISO 20022.

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ISO 20022 ISOs Faster Payments FPC 96

The Paypers

MAY 14, 2024

Global provider of financial software applications Finastra has announced the completion of testing and certification for ISO 20022.

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ISO 20022 ISOs Compliance 97

Finextra

FEBRUARY 16, 2025

Federal Reserve Financial Services (FRFS) has pushed back the roll out of ISO 20022 for the Fedwire Funds Service from March to July.

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ISO 20022 FedWire ISOs Federal Reserve 99

Finextra

DECEMBER 15, 2023

London-based fintech Nth Exception has launched Nucleus, a machine learning data fabric to ease financial institutions into ISO 20022 adoption.

ISO 20022 107

ISO 20022 ISOs AI FinTech 107

Finextra

JANUARY 24, 2025

The countdown to ISO 20022 is on.

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ISO 20022 ISOs 98

Finextra

MAY 23, 2024

FinextraTV and Al Etihad Payments’s CEO Jan Pilbauer, dive into the evolving landscape of ISO 20022 and the challenges of being a brand-new national payments entity and subsidiary of the central bank.

ISO 20022 96

ISO 20022 ISOs Instant Payments Central Bank 96

Finextra

AUGUST 20, 2024

The Bank of England is working with the BIS Innovation Hub London centre on a project that will explore how technology can enhance the analytical use of ISO 20022 data to shed light on economic conditions, system liquidity and compliance

ISO 20022 97

ISO 20022 ISOs Compliance Innovation 97

The Paypers

JANUARY 8, 2025

The BIS Committee on Payments and Market Infrastructure (CPMI) has announced that it has moved forward with progressing the adoption of its harmonised ISO 20022 data requirements.

ISO 20022 88

ISO 20022 ISOs Payments 88

The Payments Association

NOVEMBER 2, 2023

Join this Webinar to hear from Bottomline and other key industry experts from Swift and HSBC as they discuss: • What is the current status of CBPR+ and ISO 20022 migrations? What are the benefits of ISO 20022 native over the other options? What are some of the use cases for fully leveraging the benefits of ISO 20022? •

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ISO 20022 ISOs On-Demand SWIFT 88

The Paypers

FEBRUARY 14, 2025

Federal Reserve Financial Services (FRFS) has announced a revised timeline for the transition to the ISO 20022 message format for the Fedwire Funds Service.

ISO 20022 88

ISO 20022 FedWire ISOs Federal Reserve 88

The Payments Association

JUNE 7, 2024

Adopting ISO 20022 is essential for modernising cross-border payments, enhancing fraud prevention, and ensuring seamless interoperability and efficiency in international financial transactions. Read more

ISO 20022 88

ISO 20022 Cross-Border Payments Cross-Border Fraud Prevention 88

The Payments Association

AUGUST 14, 2024

The adoption of ISO 20022, a global standard for financial messaging, is progressing but facing challenges, especially for traditional banks with outdated systems. With a looming March 2025 deadline in Europe, banks must quickly adapt or risk non-compliance.

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ISO 20022 ISOs Non-Bank Compliance 88

The Paypers

MARCH 20, 2023

Australian Payments Network (AusPayNet) has successfully adopted the ISO 20022 message standard.

ISO 20022 87

ISO 20022 ISOs Message Standards Payment Networks 87

Finextra

JULY 19, 2024

Morgan Payments, explores the cross-border impact of SEPA on European and global interoperability and why ISO 20022 is crucial for financial institutions. At EBAday 2024, Renata Vilanova Lobo, Head of Global Clearing, J.P.

ISO 20022 87

ISO 20022 ISOs Cross-Border Interoperability 87

PYMNTS

AUGUST 1, 2019

Payments messaging firm SWIFT has released its first set of guidelines for financial institutions using the ISO 20022 payments messaging standard to complete cross-border transactions. “Adoption of ISO 20022 will continue the transformation of correspondent banking already ongoing,” SWIFT said in its announcement.

ISO 20022 76

ISO 20022 ISOs SWIFT Cross-Border 76

Finextra

NOVEMBER 6, 2024

NatWest has partnered with Capco, the global management and technology consultancy, to ensure a smooth transition for its systems and clients as the financial industry moves to adopt ISO 20022 for payments and reporting.

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ISO 20022 ISOs Consulting Technology 80

Fintech Finance

APRIL 12, 2024

Finzly , the pioneering provider of modern money movement systems to financial institutions, has announced its achievement as one of the first Third-PartyService Providers (TPSP) to be certified for compliance to ISO 20022 messaging standards for Fedwire.

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ISO 20022 FedWire ISOs Fed 78

PYMNTS

SEPTEMBER 23, 2019

The phase 1 implementation of the ISO 20022 migration strategy that was scheduled for November 2020 is being postponed by the Federal Reserve Bank, the U.S. SWIFT announced last year that it is planning to allow its users to send data-rich ISO 20022 messages across its global network starting in November 2021.

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ISO 20022 Federal Reserve ISOs FedWire 76

Payments Source

AUGUST 10, 2017

is offering a payments application programming interface based on the ISO 20022 standard that will allow banks to more easily collaborate with fintechs and other third parties. Oracle Corp.

ISO 20022 167

ISO 20022 ISOs FinTech API 167

The Paypers

DECEMBER 10, 2021

Global provider of secure financial messaging services SWIFT has announced the translation availability for its ISO 20022 customer testing environment for cross-border payments.

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ISO 20022 Cross-Border Payments Cross-Border ISOs 78

PYMNTS

MARCH 16, 2020

Cross-border payments via Swift’s ISO 20022 migration, originally set to roll out by November 2021, have now been set back a year and are expected to come by the end of 2022 instead, according to reports. ISO 20022 is set to make changes to the payment landscape as a whole, according to the company.

ISO 20022 78

ISO 20022 ISOs SWIFT Cross-Border Payments 78

Payments Source

SEPTEMBER 23, 2019

The Federal Reserve Banks put the brakes on their planned migration of the ISO 20022 messaging standard, delaying a three-phased migration established in 2017 that targeted November 2020 as the start of that process.

ISO 20022 68

ISO 20022 ISOs Federal Reserve Fed 68

NACHA

AUGUST 8, 2024

8, 2024 – Today, Nacha announced Stronghold as a Preferred Partner for ACH Experience and ISO 20022. RESTON, Virginia, Aug. Stronghold joins a select group of innovators that Nacha recognizes for offering products and services that align with Nacha's core strategies to advance the ACH Network.

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NACHA ISO 20022 ACH Network ISOs 145

PYMNTS

JANUARY 26, 2021

Citi Drives ISO 20022 Adoption With Volante. Citi is accelerating its migration to the ISO 20022 payments messaging standard and has tapped a third-party FinTech to aid in the process.

ISO 20022 142

ISO 20022 ISOs Payment APIs and Integration Message Standards 142

The Paypers

MARCH 22, 2023

Payments Canada has announced the launch of the second release of Lynx, Canada’s high-value payment system, now augmented with ISO 20022 certification.

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ISO 20022 ISOs Payments 68

Fintech News

AUGUST 8, 2024

As the industry evolves, adopting robust standards like ISO 20022 becomes crucial for driving these benefits. The Role of ISO 20022 in Seamless Settlement and Post-Trade Operations In 2018, the Swift community decided to adopt ISO 20022 for cross-border payments and reporting (CBPR+).

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ISO 20022 APACS SWIFT ISOs 124

Finextra

MAY 13, 2024

Finastra, a global provider of financial software applications and marketplaces, today announced it has completed testing and certification through the Federal Reserve for ISO 20022, becoming one of the first vendors in the industry to complete the process for multiple solutions.

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ISO 20022 ISOs Federal Reserve Fed 59

PYMNTS

JANUARY 19, 2021

Volante Technologies , which works in cloud payments and financial messaging, is working with Citi to expedite Citi’s adoption of the ISO 20022 financial messaging standard, according to a press release. Citi is set to be the first Volante customer to offer a unified approach to that migration around the world, the release stated.

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ISO 20022 ISOs Message Standards Reconciliation 60

Fintech Finance

SEPTEMBER 24, 2024

The cloud-based, SaaS payments hub solution will help the bank to deliver FedNow send and receive services 24/7, support ISO 20022 compliance, and enable its projected growth. Deployed on Microsoft Azure cloud, Payments To Go provides the bank with the agility needed to offer new and innovative payments rails, including FedNow Service.

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ISO 20022 Instant Payments FedNow ISOs 135

Finextra

SEPTEMBER 18, 2024

Faster Payments Council (FPC), a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, today announced the release of two complementary reports from its Cross-Border Payments Work Group, sponsored by Mastercard: How to ISO 20022 and Distinguishing Advantages in the Format & Structure of ISO 20022 for Instant (..)

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ISO 20022 ISOs Faster Payments FPC 64