Remove Message Standards Remove Payment Message Remove Real Time Gross Settlement (RTGS)
article thumbnail

Bank Of England Pulls Payment Schemes Onto Same Page With ISO 20022

PYMNTS

’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. The Bank of England is streamlining the U.K.’s