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

PYMNTS

NOVEMBER 19, 2020

As Canada gears up to launch its real-time payments system, the Real-Time Rail (RTR), Payments Canada , the entity at the head of the initiative, has announced that Mastercard -owned Vocalink has been chosen as the clearing and settlement solution provider for the new payment rail.

B2B 104

B2B Blockchain Real Time Gross Settlement (RTGS) Real Time Payments 104

PYMNTS

FEBRUARY 21, 2019

The announcement said that SIA will work closely with Payments Canada and key industry stakeholders on the next version of its Real-Time Gross Settlement (RTGS) application solution. In Canada, Payments Canada said on Wednesday (Feb.

Cross-Border 76

Cross-Border Cross-Border Payments Real Time Gross Settlement (RTGS) Rules 76

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 CCM was developed to align with payment systems across borders that have adopted the ISO 20022 messaging standard.

ISO 20022 46

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

PYMNTS

APRIL 8, 2020

The time available to fix SWIFT messages is two days; the time to fix real-time gross settlement (RTGS) payments is the daily cutoff; to fix faster payments is two hours; and instant payments a scant two minutes. Add it all up, said Kilcoyne and Brandli, and the industry spends 21 billion euros ($22.9

Real Time Gross Settlement (RTGS) 72

Real Time Gross Settlement (RTGS) ISO 20022 Cross-Border Cross-Border Payments 72