Fintech Finance

SEPTEMBER 17, 2024

Kani Payments , the disruptive global data reconciliation and reporting pioneer, today announces it is ready to support the ISO 20022 global messaging standard ahead of the November 2025 implementation date.

ISO 20022 103

ISO 20022 ISOs Reconciliation Message Standards 103

PYMNTS

JANUARY 19, 2021

Volante Technologies , which works in cloud payments and financial messaging, is working with Citi to expedite Citi’s adoption of the ISO 20022 financial messaging standard, according to a press release. There’s a common standard, and payments will be able to be processed faster.

ISO 20022 60

ISO 20022 ISOs Reconciliation Message Standards 60

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

JANUARY 25, 2019

payments landscape is shifting into higher gear, pressuring corporations to accelerate their processes. As they work to achieve this, more companies are ditching paper-based methods and embracing digital solutions that streamline payments and reconciliations. However, the current payments environment in the U.S.

Real Time Payments 67

Real Time Payments Federal Reserve RTP TCH 67

PYMNTS

AUGUST 28, 2019

While financial institutions upgraded their technology to handle electronic batch payments, it was corporates’ systems that prevented quicker adoption. The process added friction not only to payment processes, said Cooley, but also in terms of reconciliation and the ability to access payment data.

ISO 20022 52

ISO 20022 Real Time Payments B2B ISOs 52

PYMNTS

MARCH 1, 2019

According to a report , real-time payments schemes that use global messaging standards could incur new risks. These messaging standards attach more data to the transactions. The value of online banking fraud loss nearly tripled from 2007 to 2009 after the U.K. launched FPS in 2008.

Faster Payments 53

Faster Payments Real Time Payments Security Message Standards 53

PYMNTS

JANUARY 26, 2017

“Processing corporate payments as peer-to-peer, directly on blockchains, gives for instant settlement and, therefore, real-time reconciliation and accounting,” the company said. Real-time payments and reconciliation, the company added, could be a major boost to corporate cash management efforts, too.

Blockchain 57

Blockchain Cross-Border Payments Cross-Border B2B 57