Tagged: iso 20022

Pay.UK Releases Technical Info for Entities Aiming to Implement ISO 20022, and Transition to Improved Retail Payments

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

Digital Banks will Evolve into “Full-Bundle Offerings,” Significantly Increasing their Value Proposition: Report

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