ISO20022

24 articles tagged with this keyword

/payments

US Faster Payments Council publishes dual reports on ISO 20022 implementation and benefits

The U.S. Faster Payments Council (FPC), a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, today announced the release of two complementary reports from its Cross-Border Payments Work Group, sponsored by Mastercard: How to ISO 20022 and Distinguishing Advantages in the Format & Structure of ISO 20022 for Instant Payment Adoption.

/payments

Finastra completes Swiss Interbank Clearing instant payments readiness project

Finastra, a global provider of financial software applications and marketplaces, today announced the completion of a Swiss Interbank Clearing (SIC) instant payments readiness project. Using Finastra’s cloud-based Service Bureau offering, Swiss banks can seamlessly transition to facilitating instant interbank payments.

/payments

Finastra gets Fed ISO 20022 certification

Finastra, a global provider of financial software applications and marketplaces, today announced it has completed testing and certification through the Federal Reserve for ISO 20022, becoming one of the first vendors in the industry to complete the process for multiple solutions.

/payments

Volante gets Fedwire Funds Service ISO 20022 certification

Volante Technologies, the global leader in payments as a service, today announced its achievement of Fedwire Funds Service certification for the ISO 20022 messaging capabilities of its wire payment processing solutions.

/payments

MUFG and Crédit Agricole complete first Chips payment in ISO 20022 format

MUFG Bank, Ltd., one of the largest banks in Japan, and Crédit Agricole Corporate & Investment Bank, one of the leading investment banking groups in Europe, successfully completed the first payment in the ISO 20022 message format on The Clearing House’s CHIPS network, the largest private-sector high-value clearing and settlement system in the world.

/payments

Commerzbank revamps platform for cross-border payments

Commerzbank is updating its existing payment platform in Germany to process cross-border payments via the Swift network and to process high-value and urgent payments via the TARGET 2 or EURO 1 payment systems.

/payments

Canada's Central 1 offers full ISO 20022 functionality

Central 1, a leading financial services provider to Canada’s credit unions and financial institutions, has achieved a major milestone on its payments modernization journey that brings new features and functionality to wire payments.

/payments

AusPayNet welcomes harmonised ISO 20022 data requirements

AusPayNet, the self-regulatory body for the Australian payments industry, today welcomed the publication of harmonised ISO 20022 data requirements for cross-border payments by the Bank for International Settlements (BIS) Committee on Payment and Market Infrastructures (CPMI).

/payments

CGI gains FedNow transaction certification

CGI (NYSE: GIB) (TSX: GIB.A) today announced that the CGI All Payments solution has been certified to support transaction activity for financial institutions that make payments on the Federal Reserve Bank’s new instant payments system, FedNow® Service.

/payments

Libra Internet Bank taps Temenos for cross-border payments

Temenos (SIX: TEMN) today announced that Libra Internet Bank, one of the most innovative banks in Romania, has selected Temenos to modernize its payments capabilities using Temenos Payments to facilitate ISO 20022 cross-border payments and reporting (Swift CBPR+) on the Swift network. Libra will leverage Temenos’ composable, scalable platform to add other payment rails in future, bringing them together in a single, efficient platform. This will support the bank’s growth plans to double payments volumes over the next five years.

/payments

KPMG and Volante Technologies deliver ISO 20022 maturity model

Volante Technologies, the global leader in cloud payments modernization has deepened its existing partnership with KPMG LLP by developing a new ISO 20022 maturity model to help payment service providers determine ISO adoption readiness.

/payments

Raiffeisen Bank International adopts ION package to meet ISO20022 deadline

ION, a global leader in trading, analytics, treasury, and risk management solutions for capital markets, commodities, and treasury management, announces that Raiffeisen Bank International (RBI) has implemented ION’s new ISO 20022 solution.

/payments

GIM-UEMOA joins nexo standards to simplify cross-border payments across West Africa

International, non-profit organization nexo standards – established to create a unified global card payments acceptance ecosystem – has welcomed GIM-UEMOA into the association to implement ISO 20022 specifications that help reduce time to market of West African payment solutions and improve the customer experience.

/payments

FSB sets out priority actions for cross-border payment roadmap

The Financial Stability Board (FSB) today published a report setting out priority actions for achieving the G20 targets for enhancing cross-border payments.

/regulation

Governance.com awarded ISO 27001 certification

Today, Governance.com announced that it has officially become an ISO 27001-certified company.

/payments

Chips ISO 20022 implementation pushed back

The Clearing House (TCH), responding to the recommendation of CHIPS participants, is rescheduling the CHIPS ISO 20022 implementation from November 2023 to April 2024.

/payments

P20 calls for cross-border payment harmonisation

Payments 20 (P20), the leading voice of the global payments industry, has published a new report calling for collaborative action within the industry to improve the efficiency and accessibility of cross-border payments.

/payments

PaymentComponents unveils ISO 20022 tool for P27

After delivering some world-class solutions for FedNow in the US and MEPS+ in Singapore, PaymentComponents delivers a P27 solution for the Nordics. Enhancing its Finaplo Financial messaging solution with P27 payments allows banks in the area to alleviate the burden of transitioning to this new protocol.

/payments

Aqua Global unveils Aquila product suite

Aqua Global has been providing financial messaging solutions for over 35 years, specialising in straight through processing for payments as well as treasury and securities processing.

/payments

ISO 20022 player Impel launches to challenge Swift and Sepa

Impel and the XDC Network (XinFin) today announced the official launch of Impel, an alternative solutions platform for quickly and securely sending ISO 20022-compliant financial messages.