Cross-border payments are getting faster and more complex. Here’s what’s driving the change, how new technologies like ISO 20022 and SWIFT GPI fit in, and what businesses should do now.
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BSP requires ISO 20022 on retail payments
The Bangko Sentral ng Pilipinas (BSP) is requiring all retail payment systems in the country to adopt the ISO 20022 standard that enables more seamless, efficient and secure domestic and cross-border ...
MANILA – All retail payment systems are now required to adopt the global standard ISO 20022 for a more efficient and seamless ...
Canada’s so-called high-value payment system, Lynx, has reportedly reached a key milestone, completely transitioning to the ISO 20022 financial message standard (MX messages), marking a step forward ...
ISO 20022 has become the universal standard for financial messaging. Blockchain interoperability is one of the biggest draws of the new standard. In a financial system built around ISO 20022, not all ...
The final cutover to the rich data standard occurred successfully on 22 November as the period of coexistence with the MT message format ended ISO 20022 will elevate the customer experience in today’s ...
ISO 20022 standardizes how financial data is exchanged; it does not certify cryptocurrencies. Ripple and Stellar are technically aligned with ISO 20022 but not officially certified. True value lies in ...
Every time one of the older versions of Windows 11/10 reaches its end of life, Windows users should update to the latest version. There is no way they can download a particular version even though ...
After what seemed like a long and unbearably slow period, Pi coin is making noise again – and how. There are a few pieces of updates that take credit for this one According to a viral narrative that ...
ISO 20022 integration could allow Pi to compete with long-standing crypto projects like Ripple and Stellar. Pi’s market cap could expand rapidly to catch up with XLM and XRP. These are 5 times and 80 ...
(MENAFN- Crypto Breaking) Quick summary: On 22 November 2025 the global payments network SWIFT will end support for the legacy MT message format for many cross-border payments, requiring the newer ISO ...
The Indian Banks’ Association (IBA) has urged banks to accelerate the implementation of SWIFT ISO 20022 norms, warning that failure to do so could result in difficulties in cross-border payments.
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