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

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 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a global standard for financial messaging, is progressing but facing challenges, especially for traditional banks with outdated systems.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.

ISO 20022 88

ISO 20022 ISOs Non-Bank Compliance 88

Fintech Finance

MARCH 1, 2024

The impending March 2025 migration deadline of FedWire to the ISO 20022 standard by all financial institutions (FIs) presents a strategic opportunity to revolutionize their payment infrastructure and services, according to a new Datos report, sponsored by Finzly , the pioneering provider of modern payments systems.

ISO 20022 144

ISO 20022 ISOs FedWire Message Standards 144

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

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? •

ISO 20022 88

ISO 20022 ISOs On-Demand SWIFT 88

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

The Paypers

MAY 14, 2024

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

ISO 20022 97

ISO 20022 ISOs Compliance 97

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.

ISO 20022 78

ISO 20022 FedWire ISOs Fed 78

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

ACI Worldwide Blog

MAY 13, 2024

ISO 20022 is a messaging standard used across the financial industry. In the domestic Real-Time Gross Settlement (RTGS)/Wire and cross-border payment spaces, transformation to the most recent ISO 20022 (HVPS+ and CBPR+) messaging standards has been ongoing since 2022.

ISO 20022 52

ISO 20022 Real Time Gross Settlement (RTGS) ISOs FedWire 52

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 88

ISO 20022 Cross-Border Payments Cross-Border ISOs 88

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

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

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.

ISO 20022 59

ISO 20022 ISOs Federal Reserve Fed 59

Fintech Finance

APRIL 10, 2024

The CHIPS® network, the largest private-sector high-value clearing and settlement system in the world, which is operated by The Clearing House , successfully migrated to the ISO 20022 message format on the April 8 banking day.

ISO 20022 52

ISO 20022 ISOs CHIPS Settlement 52

Fintech Finance

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.

ISO 20022 52

ISO 20022 ISOs FedWire Fed 52

Finextra

SEPTEMBER 15, 2024

As the financial services industry undergoes a vast amount change, particularly around the introduction of new rails on the ISO 20022 framework, these tests are proving vital for inte.

ISO 20022 52

ISO 20022 ISOs Compliance Automation 52

Finextra

MAY 8, 2024

Volante Technologies, the global leader in payments as a service, today announced its achievement of Fedwire Funds Service certification for the ISO 20022 messaging capabilities of its wire payment processing solutions.

ISO 20022 59

ISO 20022 FedWire ISOs Wire 59

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

Finextra

APRIL 17, 2024

one of the largest banks in Japan, and Crédit Agricole Corporate & Investment Bank, one of the leading investment banking groups in Europe, successfully completed the first payment in the ISO 20022 message format on The Clearing House’s CHIPS network, the largest private-sector high-value clearing and settlement system in the world.

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ISO 20022 ISOs CHIPS Settlement 64

The Nilson Report

MAY 16, 2024

The post Volante Technologies Secures Fedwire Funds Service ISO 20022 Certification appeared first on Nilson Report.

ISO 20022 52

ISO 20022 FedWire ISOs Technology 52

The Nilson Report

APRIL 11, 2024

The post Chips Network Migrates to ISO 20022 Message Format appeared first on Nilson Report.

ISO 20022 52

ISO 20022 ISOs CHIPS Posting 52

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

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

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

Fintech Finance

APRIL 17, 2024

one of the largest banks in Japan, and Crédit Agricole Corporate & Investment Bank , one of the leading investment banking groups in Europe, successfully completed the first payment in the ISO 20022 message format on The Clearing House’s CHIPS® network, the largest private-sector high-value clearing and settlement system in the world.

ISO 20022 40

ISO 20022 ISOs CHIPS Cross-Border Payments 40

The Paypers

MAY 21, 2024

Swift has announced plans to help FIs in streamlining the cross-border payments process for corporate clients by expanding the use of ISO 20022.

ISO 20022 36

ISO 20022 ISOs SWIFT Cross-Border Payments 36

The Paypers

OCTOBER 28, 2022

Swift has issued a press release, informing that, following the global community’s appeal, it decided to delay the ISO 20022 migration until March 2023.

ISO 20022 69

ISO 20022 ISOs SWIFT 69

Finextra

DECEMBER 7, 2023

In this Predict 2024 episode, Paul Thomalla, NED, UNIFITS, highlights the need for banks to adopt ISO 20022.

ISO 20022 45

ISO 20022 ISOs Automation 45

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+).

ISO 20022 124

ISO 20022 APACS SWIFT ISOs 124

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.

ISO 20022 60

ISO 20022 ISOs Reconciliation Message Standards 60

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.

ISO 20022 78

ISO 20022 Cross-Border Payments Cross-Border ISOs 78

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

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.

NACHA 145

NACHA ISO 20022 ACH Network ISOs 145

The Paypers

OCTOBER 18, 2023

The Australian Payments Network (AusPayNet) has introduced ISO 20022 data requirements for cross-border payments.

ISO 20022 41

ISO 20022 Cross-Border Payments Cross-Border ISOs 41

The Paypers

JULY 13, 2023

US-based cloud payments provider Volante Technologies has extended its partnership with KPMG to develop an ISO 20022 maturity model to help PSPs assess ISO adoption readiness.

ISO 20022 36

ISO 20022 ISOs Technology Assessments 36