ISO20022

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Finastra completes Swiss Interbank Clearing instant payments readiness project

Finastra, a global provider of financial software applications and marketplaces, today announced the completion of a Swiss Interbank Clearing (SIC) instant payments readiness project. Using Finastra’s cloud-based Service Bureau offering, Swiss banks can seamlessly transition to facilitating instant interbank payments.

/payments

Finastra gets Fed ISO 20022 certification

Finastra, a global provider of financial software applications and marketplaces, today announced it has completed testing and certification through the Federal Reserve for ISO 20022, becoming one of the first vendors in the industry to complete the process for multiple solutions.

/payments

Volante gets Fedwire Funds Service ISO 20022 certification

Volante Technologies, the global leader in payments as a service, today announced its achievement of Fedwire Funds Service certification for the ISO 20022 messaging capabilities of its wire payment processing solutions.

/payments

MUFG and Crédit Agricole complete first Chips payment in ISO 20022 format

MUFG Bank, Ltd., one of the largest banks in Japan, and Crédit Agricole Corporate & Investment Bank, one of the leading investment banking groups in Europe, successfully completed the first payment in the ISO 20022 message format on The Clearing House’s CHIPS network, the largest private-sector high-value clearing and settlement system in the world.

/payments

Commerzbank revamps platform for cross-border payments

Commerzbank is updating its existing payment platform in Germany to process cross-border payments via the Swift network and to process high-value and urgent payments via the TARGET 2 or EURO 1 payment systems.

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