26 Nov 25 @ 09:48

The global financial system has crossed a decisive threshold with the full-scale shift to ISO 20022, marking the end of the long coexistence with the legacy MT messaging format and... read more

21 Mar 23 @ 14:21

EBA CLEARING says its systemically important payment system EURO1 has successfully migrated to ISO 20022. The RTGS-equivalent payment infrastructure closed its first business day operating on the new message standard.... read more

30 Oct 22 @ 14:24

Swift says it has worked extensively with its global community to prepare for the start of the ISO 20022 migration for cross-border payments and reporting (CBPR+). Since August, all required... read more

15 Jun 22 @ 17:07

November 2022 marks the point of migration for some of the top global payment infrastructures to ISO 20022, an international standard for exchanging electronic messages between financial institutions, covering cards,... read more

10 Jan 22 @ 13:48

There is now some serious competitive pressure being placed on Banks to move to the new universal financial messaging standard ISO 20022. The overall shift in the payment industry to... read more

10 Dec 21 @ 09:00

SWIFT announced the availability of its new In-flow Translation service and confirms that it now offers a full ISO 20022 customer testing environment for cross-border payments. In-flow Translation will enable... read more

07 Jul 21 @ 10:20

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... read more

18 Apr 16 @ 16:30

Switzerland is set to launch a new interbank payment system, using the ISO 20022 payments architecture and messaging standard to provide new services to bank and corporate users. After 30 years... read more

03 Sep 15 @ 12:12

Real-time cross-border payments might soon be a reality, thanks to the efforts of a new payments industry group. But is there a business case for adopting the ISO 20022 standard?... read more

10 Aug 15 @ 16:31

A global scheme aimed at establishing a set of harmonised standards for cross-border real-time payments has published a first draft of ISO 20022 messages for review. The ISO Real-Time Payments... read more

21 May 15 @ 14:16

Global interoperability of real-time payments systems will require harmonisation of market practices and standards. A group of international clearing houses, banks, vendors, payments associations and other parties have proposed setting... read more

06 Jan 26 @ 14:10

A new pilot involving Swift, Ant International and HSBC offers a glimpse of how blockchain-based money could integrate with the plumbing of the global financial system. The test demonstrated cross-border... read more

22 Oct 24 @ 17:59

The European Central Bank (ECB) has unveiled new initiatives to enhance cross-border payments, building on its existing TARGET Instant Payment Settlement (TIPS) service. These initiatives aim to create faster, more... read more

12 Jul 24 @ 13:50

Cross-border payments have long been a critical aspect of global finance, facilitating trade and economic interaction across nations. However, the complexities and inefficiencies associated with these transactions have often led... read more

14 Sep 21 @ 08:58

Payments Canada has launched Lynx, it’s new high-value payment system. Lynx is replacing the Large Value Transfer System (LVTS), which has served as Canada’s high-value payment system for over 20 years. Designated by... read more

07 Sep 21 @ 07:23

A new study has found the transaction value of instant payments will exceed $27.7 trillion in 2026, from just $4.8 trillion in 2021. The research identified that this extraordinary growth... read more

05 Aug 21 @ 12:27

The UK payments industry highly values the work of the European Payments Council (EPC) and its members ensured the UK retained its membership of the Single Euro Payments Area (SEPA),... read more

16 May 19 @ 06:45

Two major trends stand out in today’s payments acceptance ecosystem: globalisation and digitisation. We’re all transacting, operating and trading on an increasingly global stage, while new payment types and form... read more

26 Jun 17 @ 11:39

Recent payments conferences have highlighted some pressing issues which, when addressed, have the power to transform the world of card payment acceptance, both across Europe and globally. How can merchants’... read more

06 Jul 26 @ 20:34

European banks risk falling behind in the race towards real-time payments and faster securities settlement unless they accelerate investment in automation and modern payments infrastructure, according to new research from... read more