The U.K. is upgrading its instant payment system to incorporate a modern ISO 20022-compliant architecture. Known as the New Payment Architecture (NPA), the initial plan...
Swift, which operates the global financial messaging service by the same name, on Thursday (Oct. 27) announced its decision to delay the migration to a new...
The Clearing House (TCH) has said its clearing and settlement system CHIPS will implement the ISO 20022 message format as planned by November of next...
Three years is a long time, and it is how long payment industry stakeholders will have to wait to see if FedNow, the instant payments...
Last week, the U.K. marked its third anniversary of adopting its open banking framework, making it the leading market to drive the concept of unlocking...
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,...
Virtual cards can reduce fraud for businesses transacting online by keeping sensitive payment details safer from cybercriminals, says Mike Cook, senior partner at IBM Payments...
The Clearing House‘s RTP network is now several years old, and while the real-time payments capability is gaining traction, adoption in the B2B landscape remains...
As real-time payments make their way to ubiquity in markets around the globe, more small- to medium-sized businesses (SMBs) are exploring how instant transactions may...