ISO20022

31 articles tagged with this keyword

/payments

ISO 20022: Powering Instant Payments in the UAE

FinextraTV and Al Etihad Payments’s CEO Jan Pilbauer, dive into the evolving landscape of ISO 20022 and the challenges of being a brand-new national payments entity and subsidiary of the central bank. AI Etihad Payments discuss how they, in collaboration with Unifits, are automating testing and in turn, innovating payments processes for individuals and businesses in the Emirates. The importance of rigorous testing and simulation is also discussed as a key route to ensuring a seamless and secure transition for all stakeholders.

/predictions

Predicting growth for clearing houses and scheme operators in 2024

As payment markets evolve, further progress hinges on open access facilitated by infrastructure modernisation. In this Predict 2024 episode, Paul Ruggieri, Senior Vice President, Real Time Payments, Product Management, Mastercard, discusses growth opportunities for clearing houses and scheme operators, emphasising the need for standardised communication strategies between operators and payment systems. We explore the significance of interoperability and the prioritisation of standardisation to enhance cross-border transactions. Additionally, we explain the key methods for ensuring seamless transactions across borders, leveraging ISO 20022 data and AI for fraud prevention, resilience, and scalability across all 13 markets.

/predictions

ISO 20022 Mandates: A tipping point in financial transformation

In this Predict 2024 episode, Paul Thomalla, NED, UNIFITS, highlights the need for banks to adopt ISO 20022. Anticipating upcoming regulatory shifts in 2024, we discuss resource constraints, including ISO 20022-related challenges like talent scarcity and explore how banks can proactively use automation to ease the transition and alleviate skills shortage pressures.

/Sibos

Optimising customer experience through technology and operations

At Sibos 2023, Jason Christensen, GTM Technology, Wells Fargo, and Vanessa Leite, GTM Operations, Wells Fargo, explore aligning technologies like ISO 20022 with operations, and its impact on enhancing client value and operational efficiency.

/Sibos

Data control frameworks: It’s time to reimagine reconciliations

At Sibos 2023, Alastair McGill, General Manager, Broadridge, explores how the industry is adapting to changes like ISO 20022 and T+1 through data control frameworks, amidst evolving regulations and market growth.

/Sibos

The Future of Competitive Advantage in Banking and Payments

Zhenya Winter, Head of Marketing – Financial Messaging, Bottomline, and Vitus Rotzer, CRO – Financial Messaging, Bottomline, discuss their recent report on the future of competitive advantage in banking & payments at Sibos 2023. Focusing on digital payments modernization strategies, they discuss banks & FIs plans for the year ahead and the transition to ISO 20022.

/Sibos

Partnerships are the key for transforming businesses with ISO20022

Rob Magee, Program Director, ISO 20022 Industry Migration of Australian Payments Network, speaks at Sibos 2023 about how their partnership with UNIFITS helped them overcome the challenges faced when adopting ISO20022 in Australia.

/payments

Lloyds & Finastra: The Shifting Payments Market & The Power Of Collaboration

In the second episode of this 4-part FinextraTV series, Stephen Everett, MD Cash Management & Payments, Lloyds and Roy Marsh, Global Payments Director at Finastra, discuss the significant changes happening in payment solutions as a result of Open Banking, Embedded Finance, shifting digital solutions and regulatory changes. We hear how ISO has been a major diversion for all banks in recent years, what will be the impact going forward, and the role of partner collaboration in enabling banks to maintain their competitive edge within these rapidly changing payments landscape.

/payments

The Role of ISO20022 and Open Banking Adoption in Harmonizing Payments

Katja Lehr, Managing Director, EMEA Payments and Commerce Solutions, J.P. Morgan, speaks at EBAday 2023 about the shifts we are currently seeing in cross-border & instant payments technology. Examining the use of Open Banking adoption and innovation by regulators across CEEMEA, we explore the role of ISO20022 and how developing initiatives will support the harmonization of cross-border payments.

/payments

How Innovation & ISO 20022 are shaping Canada's modernisation journey

Mike Hoganson, Director, Lynx, Payments Canada, speaks in the lead-up to The 2023 Payments Canada SUMMIT about Lynx, Canada's new high-value payments system, what this means for the region's modernisation journey and the implications of ISO 20022 going forward.

/Sibos

The evolution of the payment screening process with ISO20022

Sophie Lagouanelle, Vice President of Financial Crime Compliance Strategy, LexisNexis Risk Solutions speaks to FinextraTV at Sibos 2022 explaining the need for the new payment messaging standard ISO20022, its impact within the industry and what changes it will make on payment screening processes.