PYMNTS
JANUARY 17, 2017
Dubbed the Faster Payments Standards Library, the resource is a free, HTML-based standard model to ease friction in the shift towards the ISO 20022 payments messaging standard, which Faster Payments and other payment schemes across the globe have agreed is critical to global adoption of real-time, international payment capabilities.
The Payments Association
OCTOBER 14, 2024
In addition, the designs assume that authorities should have a way to find both counterparties associated with every transaction, for example, if such knowledge might be useful to an investigation.
PYMNTS
JANUARY 17, 2017
Today, Paragon tends to focus on consumer payments with a particular eye on ISO interfaces and ATMs. There is a lot of blurring between the ISO 8583 format and ISO 20022 format, which starts to move you towards the commercial banking side,” he said.
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