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UK Faster Payments Scheme Eases Access For Developers

PYMNTS

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.

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Seeking A Better Way To Test The Newest Payments Tech

PYMNTS

Gilde explained that Paragon has its eye on B2B and commercial payments, especially when it comes to messaging standards. 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.