Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

Finextra TV/Sibos

Data control frameworks: It’s time to reimagine reconciliations

At Sibos 2023, Alastair McGill, General Manager, Broadridge, explores how the industry is adapting to changes like ISO 20022 and T+1 through data control frameworks, amidst evolving regulations and market growth.

02 October 2023

Finextra TV/Sibos

The Future of Competitive Advantage in Banking and Payments

Zhenya Winter, Head of Marketing – Financial Messaging, Bottomline, and Vitus Rotzer, CRO – Financial Messaging, Bottomline, discuss their recent report on the future of competitive advantage in banking & payments at Sibos 2023. Focusing on digital payments modernization strategies, they discuss banks & FIs plans for the year ahead and the transition to ISO 20022.

26 September 2023

Finextra TV/Sibos

Partnerships are the key for transforming businesses with ISO20022

Rob Magee, Program Director, ISO 20022 Industry Migration of Australian Payments Network, speaks at Sibos 2023 about how their partnership with UNIFITS helped them overcome the challenges faced when adopting ISO20022 in Australia.

21 September 2023

Company update/payments

CGI gains FedNow transaction certification

CGI (NYSE: GIB) (TSX: GIB.A) today announced that the CGI All Payments solution has been certified to support transaction activity for financial institutions that make payments on the Federal Reserve Bank’s new instant payments system, FedNow® Service.

21 September 2023

Company update/payments

Libra Internet Bank taps Temenos for cross-border payments

Temenos (SIX: TEMN) today announced that Libra Internet Bank, one of the most innovative banks in Romania, has selected Temenos to modernize its payments capabilities using Temenos Payments to facilitate ISO 20022 cross-border payments and reporting (Swift CBPR+) on the Swift network. Libra will leverage Temenos’ composable, scalable platform to add other payment rails in future, bringing them together in a single, efficient platform. This will support the bank’s growth plans to double payments volumes over the next five years.

19 September 2023

News/payments

Fed-backed project validates exchange framework for e-remittance information

Having demonstrated the operationally feasibility of an exchange framework to deliver e-remittance information, the Business Payments Coalition (BPC) and Federal Reserve are gearing up for a pilot.

05 September 2023

News/payments

UK Finance launches ISO 20022 ideathon

UK Finance and NatWest are calling for participants to take part in an "ideathon" exploring business applications for ISO 20022.

31 August 2023

Company update/payments

KPMG and Volante Technologies deliver ISO 20022 maturity model

Volante Technologies, the global leader in cloud payments modernization has deepened its existing partnership with KPMG LLP by developing a new ISO 20022 maturity model to help payment service providers determine ISO adoption readiness.

13 July 2023

Company update/payments

Raiffeisen Bank International adopts ION package to meet ISO20022 deadline

ION, a global leader in trading, analytics, treasury, and risk management solutions for capital markets, commodities, and treasury management, announces that Raiffeisen Bank International (RBI) has implemented ION’s new ISO 20022 solution.

12 July 2023

Finextra TV/payments

Lloyds & Finastra: The Shifting Payments Market & The Power Of Collaboration

In the second episode of this 4-part FinextraTV series, Stephen Everett, MD Cash Management & Payments, Lloyds and Roy Marsh, Global Payments Director at Finastra, discuss the significant changes happening in payment solutions as a result of Open Banking, Embedded Finance, shifting digital solutions and regulatory changes. We hear how ISO has been a major diversion for all banks in recent years, what will be the impact going forward, and the role of partner collaboration in enabling banks to maintain their competitive edge within these rapidly changing payments landscape.

11 July 2023

Company update/payments

GIM-UEMOA joins nexo standards to simplify cross-border payments across West Africa

International, non-profit organization nexo standards – established to create a unified global card payments acceptance ecosystem – has welcomed GIM-UEMOA into the association to implement ISO 20022 specifications that help reduce time to market of West African payment solutions and improve the customer experience.

11 July 2023

Finextra TV/payments

The Role of ISO20022 and Open Banking Adoption in Harmonizing Payments

Katja Lehr, Managing Director, EMEA Payments and Commerce Solutions, J.P. Morgan, speaks at EBAday 2023 about the shifts we are currently seeing in cross-border & instant payments technology. Examining the use of Open Banking adoption and innovation by regulators across CEEMEA, we explore the role of ISO20022 and how developing initiatives will support the harmonization of cross-border payments.

03 July 2023

News/payments

UK’s CHAPS system migrates to ISO 20022

The UK’s high-value payments system, CHAPS, has migrated to the ISO 20022 financial messaging standard.

21 June 2023

News/payments

EBAday 2023: Customers expect instant payments today

The afternoon of EBAday 2023, day one, in breakout one got straight into a key theme of the event, immediate cross border payments.

21 June 2023

News/payments

EBAday: How Deutsche Bank, BBVA and JP Morgan handled the Russia/Ukraine war

Tackling the core subjects to be covered at EBAday 2023 in Madrid, Spain, Marc Recker, global head of product, institutional cash management, Deutsche Bank; Raouf Soussi Laghmich, head of strategy for enterprise payment, BBVA; and Renata Vilanova Lobo, head of global clearing, JP Morgan, participated in a strategic roundtable, led by Anita Hawse, Europe editor, The Banker, Financial Times.

20 June 2023

News/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).

05 May 2023

News/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.

04 May 2023

Finextra TV/payments

How Innovation & ISO 20022 are shaping Canada's modernisation journey

Mike Hoganson, Director, Lynx, Payments Canada, speaks in the lead-up to The 2023 Payments Canada SUMMIT about Lynx, Canada's new high-value payments system, what this means for the region's modernisation journey and the implications of ISO 20022 going forward.

02 May 2023

News/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.

28 April 2023

News/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.

25 April 2023