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

NOVEMBER 18, 2020

And because RTP transactions are cleared and settled in real time, added Ledford, this also takes away the credit risk associated with other methods of B2B payments. It's helping to both speed up payments and create more confidence and certainty in the B2B payment process," he said.

RTP 82

RTP Use Case Real Time Payments ISO 20022 82

PYMNTS

JANUARY 25, 2019

However, the current payments environment in the U.S. is fragmented, Richardson said, and faster payment systems can remove some of the headaches of managing payments data and reconciliation. He pointed to RTP — the only real-time payments rail currently available in the U.S. — as an example.

Real Time Payments 67

Real Time Payments Federal Reserve RTP TCH 67

PYMNTS

JUNE 7, 2018

.’s payments messaging operations through the planned adoption of the ISO 20022 messaging standard, the bank announced Wednesday (June 6). The NPSO, which operates Faster Payments and BACS, is working with the central bank to develop a “Common U.K.

ISO 20022 46

ISO 20022 ISOs Real Time Gross Settlement (RTGS) Message Standards 46

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. and Canada.

ISO 20022 40

ISO 20022 ISOs Message Standards Cross-Border 40

PYMNTS

SEPTEMBER 10, 2019

Solutions like Visa B2B Connect are able to address both the need for ease-of-use and access to data through measures like adoption of the ISO 20022 messaging standard, which enables seamless exchange of payment data.

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B2B Cross-Border Payments ISO 20022 59

PYMNTS

FEBRUARY 6, 2020

This week’s look at the latest in Open Banking and bank-FinTech collaboration initiatives explores how service providers throughout the globe are unlocking data and embracing API integrations to elevate financial services — with a particular focus on small businesses (SMBs). Nacha Unlocks Payments Data.

Payments Data 73

Payments Data Payment APIs and Integration Credit Union NACHA 73

PYMNTS

MAY 12, 2020

He recommends digitizing key components of paper check payments, including the automatic capture of payment data and integration with firms’ enterprise resource planning (ERP) and other back-office systems. They’re foundational, and a lot of people still like using them,” he said.

B2B 52

B2B Same Day ACH FedNow Federal Reserve 52