ISO20022

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Payments Canada Summit: TD Bank’s Kushank Rastogi on real-time payments

/payments

Payments Canada Summit: TD Bank’s Kushank Rastogi on real-time payments

Ahead of Payments Canada Summit, Finextra spoke to Kushank Rastogi, head of Canadian real time payments, TD Bank Group about the key characteristics of real time payments, future commercialisation opportunities and how the Canadian payment ecosystem is undergoing large-scale transformation with the introduction of a real-time payment system, the Real-Time Rail (RTR).

Payments Canada Summit: cross-border and ISO 20022 are hard!

/payments

Payments Canada Summit: cross-border and ISO 20022 are hard!

Cross-border payments and the migration to ISO 20022 were hot topics at the Summit on Wednesday, with key players beaming in from around the world for a pair of virtual panels.

NextGen Nordics: Cross border payments are a political weapon

/payments

NextGen Nordics: Cross border payments are a political weapon

At NextGen Nordics in Stockholm this week, Finextra’s senior reporter Paige McNamee was joined by Patrik Havander, head of B2B connect/cross border money movement Europe, Visa; Daragh Kirby, head of sales & marketing, Intercope; Katja Lehr, managing director, EMEA payments and commerce solutions, JP Morgan Chase; and Dr Hubertus von Poser, member of the management board, PPI.

NextGen Nordics: Beyond P27, there is still hope for Nordic harmonisation

/payments

NextGen Nordics: Beyond P27, there is still hope for Nordic harmonisation

NextGen Nordics 2023 kicked off with a panel on the challenges and opportunities in the road for harmonisation across transaction banking services.

P27 Nordic Payments withdraws second clearing application

/payments

P27 Nordic Payments withdraws second clearing application

The future of P27 Nordic Payments (P27), the largest regional, cross-border, instant payment project to be attempted in history, is uncertain.

NGN 2023: Nordic interoperability advantageous, yet remains challenging

/payments

NGN 2023: Nordic interoperability advantageous, yet remains challenging

NextGen Nordics will return to Stockholm on 25 April 2023, and we will be welcoming a range of speakers who will discuss topics such as P27, cross border payments, open banking, BNPL, CBDCs, digital assets and Web 3.0.

NextGen Nordics 2023: Back and better than ever

/payments

NextGen Nordics 2023: Back and better than ever

Finextra will be back in Stockholm to bring the new world of Nordic banking to life for the NextGen Nordics 2023 conference on the 25th of April.

EBA publishes study on use of real-time data in liquidity management

/payments

EBA publishes study on use of real-time data in liquidity management

The Euro Banking Association (EBA) Liquidity Management Working Group (LMWG) has released a report on the use of real-time data in corporate liquidity management.

Canada latest to delay ISO 20022 migration

/payments

Canada latest to delay ISO 20022 migration

Canada's high-value payment system's move to ISO 20022 will be delayed until March in order to keep in step with the recently postponed migration to the message standard by Swift and the Eurosystem.

AFP 2022: US is playing 'catch up' with faster payments - UMB Bank

/payments

AFP 2022: US is playing 'catch up' with faster payments - UMB Bank

Uma Wilson, EVP, chief information and product officer for UMB bank, joined Finextra for a chat during a break in the action on the exhibit floor of last week’s AFP conference in Philadelphia. She talked about how banks can best answer calls for product innovation and partnership, and provide solutions to pain points that – in some cases at least – have long plagued customers, especially those in the corporate payments and treasury management space.

Swift delays ISO 20022 migration until March

/payments

Swift delays ISO 20022 migration until March

Swift has postponed ISO 20022 migration to next March, citing members' desire to keep in line with the Eurosytem migration, which was delayed by the ECB earlier this month.

Eurosystem delays T2 wholesale payment system launch

/payments

Eurosystem delays T2 wholesale payment system launch

The European Central Bank has delayed the launch of a new real-time gross settlement system and central liquidity management model, T2, by four months until next March in order to give some member states more time for testing.

Sibos 2022: ISO 20022 harmonisation delay for CPMI to ‘get the guidance right’ - BofE

/payments

Sibos 2022: ISO 20022 harmonisation delay for CPMI to ‘get the guidance right’ - BofE

The Financial Stability Board (FSB) today published priority themes for the next phase of the G20 Roadmap for Enhancing Cross-Border Payments, delivering a handful of updates and timeline revisions to its 2021 Progress Report.

Sibos 2022: Lighting the beacon under data quality through ISO 20022

/Sibos

Sibos 2022: Lighting the beacon under data quality through ISO 20022

In the lead up to Sibos 2022, Finextra reached out to Masayuki Tagai, industry issues executive for APAC, J.P. Morgan Payments, to respond to some questions tied to his Sibos panel, ‘Rethinking data architecture through the ISO 20022 lens.’

Visa and Mambu partner for global debit processing

/payments

Visa and Mambu partner for global debit processing

Mambu has announced its partnership with Visa to utilise Visa DPS, one of the largest processors of Visa debit transactions globally.

Federal Reserve delays ISO 20022 cutover by two years

/payments

Federal Reserve delays ISO 20022 cutover by two years

The Federal Reserve is to delay the implementation of the new ISO 20022 payment messaging format by two years to 2025.

Thought Machine launches cards and payments processing platform

/cloud

Thought Machine launches cards and payments processing platform

UK core banking vendor Thought Machine has launched a cloud-native cards and payments processing platform.

EBAday 2022: Going instant with ISO 20022 and liquidity management

/payments

EBAday 2022: Going instant with ISO 20022 and liquidity management

Diving-in to day two, Joost Bergen, owner, Cash Dynamics, kicked off the ‘Real-time liquidity management’ session with the poll question: do we really need liquidity management close to real time?

TCS named integration lead for new Canadian real-time payments system

/payments

TCS named integration lead for new Canadian real-time payments system

Payments Canada has picked Tata Consultancy Services (TCS) as the integration lead for the country's new real-time payment system.

ABA backs Fed's plan for single-day Fedwire ISO 20022 migration in 2023

/payments

ABA backs Fed's plan for single-day Fedwire ISO 20022 migration in 2023

The American Bankers Association is supporting the Federal Reserve's plan to migrate the Fedwire Funds Services to the ISO 20022 message standard in a single day - but says it has "serious concerns" about a lack of detail on testing strategy and requirements for the move.

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