As with any changeover, some banks have progressed further than others in their implementation of ISO 20022. At Sibos in October, Swift reckoned around 28% of payment volume had migrated to the new ...

HOUSTON, Sept. 12, 2024 /PRNewswire/ -- The Digital Business Networks Alliance (DBNAlliance), a nonprofit organization that serves as the overseeing entity of the U.S. open Exchange Framework, ...

SWIFT also has tested connections with several blockchain networks to explore cross-border transfers, CBDC payments, and ...

Zürcher Kantonalbank (ZKB) can now process ISO 20022 reporting messages ahead of the global SWIFT deadline, going live with Smartstream’s Corona MX solution as part of the Smart Reconciliations suite.

While much of the conversation is around bank’s implementation of ISO 20022 and how payment services providers can support this, corporates are a key stakeholder, driving adoption of the new format ...

Bank of England to develop analytics data platform for ISO 20022 The Bank of England is working with the BIS Innovation Hub London centre on a project that will explore how technology can enhance the ...

Failed payments cost banks money and hinder customer satisfaction. As more banks adopt the data-rich ISO 20022 standard, the problem could ease, but the transition will be challenging. SWIFT, which ...

ISO 20022-enabled solution allows blockchain interoperability on Swift’s network, using Ant International’s technology and HSBC’s Tokenised Deposit Service Integration with Swift’s network extends AML ...

Adopting the new global standard for payments is more important than ever, according to an update from Swift. As the financial industry moves closer to the CBPR+ November 2025 deadline, Swift has ...

BSP said it will establish an ISO 20022 Harmonization Industry Project Team to coordinate the industry-wide transition. The ...