As November 2022 approaches, it’s crucial for any financial institutions that process cross-border transactions within the SWIFT network to understand their requirements as it relates to ISO 20022 migration.
As businesses strive toward innovation, many are looking to extend their capabilities and boost efficiency with low-code technologies. To gain a broader understanding of the value low-code technology can deliver, here are five unique benefits to consider.
In a recent webinar focused on the evolving US payments sector, we asked our panel of experts to highlight instant payments opportunities and use cases that they believe will be particularly impactful. Here are just a few that caught our attention.
While low-code technologies have become mainstream, there are some concerns raised when talking with those in management that have not worked with a low-code platforms. And to be fair, they are valid concerns – given the right context.
For the past few years, the global payments industry has been in the midst of an historic transformation. Between rapid advancements in instant payments technology, and widespread corporate initiatives surrounding ISO 20022 compliance and integration, a future comprised entirely of faster, more secure transactions could be right around the corner.
América Latina está viviendo una era de transformación digital y digitalización de la banca impulsada por la pandemia y el COVID-19. Mientras que la inversión destinada a canales digitales a nivel global es del 92%, en América Latina y Centroamérica es del 98%.
By enabling interoperability between financial networks and providing a wealth of transactional data, the international messaging standard builds on the benefits of instant payments and serves as an invaluable bridge for facilitating cross-border transactions.
Given the impact of the pandemic, banks need to re-examine their own initial plans and assumptions. Where are banks in the adoption of ISO 20022 in their home market?
The industry is at a critical point in its migration to ISO 20022. Deadlines are looming, and while banks will always push for extensions, the industry needs to prepare for what may happen next.
Institutions that have been slower to adopt real-time payments now find themselves at a crossroads, as many of the technological hurdles to adoption are being overcome, and FedNow’s launch is likely to make implementation efforts even more critical.
Sin duda, la transformación digital se ha convertido en un punto clave en la región, siendo América Latina uno de los mercados con mayor crecimiento en el ámbito de los pagos digitales. Sin embargo ¿los pagos digitales podrán ser el futuro de la banca en Colombia?
One quarter of mid-tier banks are actively modernizing.
