Tagged: iso 20022

March 24, 2025 @ 1:59 pm By Omar Faridi  |  

Payments Canada is supporting a transformative shift in the financial landscape with the adoption of ISO 20022, an international messaging standard poised to enhance payment processing across the country. This initiative is gaining momentum, underscored by the release of a new educational update from Payments… Read More

March 24, 2025 @ 11:15 am By Omar Faridi  |  

Standard Chartered (LON: STAN) announced the launch of its whitepaper titled ‘Frictionless reconciliation and allocation of cash: Can the adoption of ISO 20022 XML turn this dream into reality?’(Opens in a new window). Developed in partnership with Zanders, the whitepaper offers perspectives and seeks to… Read More

May 23, 2024 @ 4:47 pm By Omar Faridi  |  

Swift has set out plans to help financial institutions streamline the cross-border payment experience for their corporate customers by “extending ISO 20022 across the entire payment chain and giving banks ready-to-use, white-labeled tracking services that can be activated for customers at the click of a… Read More

July 7, 2021 @ 12:22 am By Omar Faridi  |  

The New Payments Architecture (NPA) will aim to offer various benefits for businesses and personal clients residing in the United Kingdom, which may assist with improving the way they control their professional and personal transactions while creating more innovation opportunities. The adoption of the ISO… Read More

June 8, 2020 @ 9:30 pm By Omar Faridi  |  

Financial service providers and regulators are increasingly focusing on enabling and supporting instant payments, according to Juniper Research. The researchers note that the EU’s Single Euro Payments Area (SEPA) has “brought down settlement times significantly,” with the SEPA Instant Credit Transfer Scheme helping to reduce… Read More