It is predicted that by 2025, ISO 20022 will handle 80% of transaction volumes and 87% of transaction value globally. In Europe, the adoption deadline was extended to November 2022. ISO stated that the new standard will provide improved efficiency in payment processing and enhanced data automation capabilities on an international scale. One signif...
26 March 2024 /payments /wholesale Innovation in Financial Services
In response to heightened market volatility during the COVID-19 pandemic, the US Depository Trust & Clearing Corporation (DTCC) issued a white paper in February 2021 advocating for a transition to T+1 settlement. Collaborative efforts in 2021 and 2022 produced recommendations spanning post-trade processes, aiming to enhance investor benefi...
13 March 2024 /payments Fintech
Embedded Finance
Ashish GargProduct Manager at TCS
Sridhar GuturiProduct Manager at IT
Kunal PatelProduct Manager at 1E
Partha MisraProduct Manager at Temenos
Nikunj GundaniyaProduct manager at Digipay.guru
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