Payments - Long Reads, News, Articles & Research: Finextra

How to meet the ISO 20022 deadline: A five-step strategy

Hamish Monk Senior Reporter at Finextra

How to meet the ISO 20022 deadline: A five-step strategy

To meet the November 2025 ISO 20022 deadline for cross-border payments and reporting (CBPR+), financial institutions should: Conduct an impact assessment; Develop a migration plan; Leverage rich data elements; Conduct industry testing; and Adopt official definitions and prioritise readiness. This article provides a breakdown of each step fina...

17 hours /payments

When dubious reviews help fuel short seller attacks on a fintech, where to look for the truth?

Scott Hamilton Contributing Editor at Finextra Research

When dubious reviews help fuel short seller attacks on a fintech, where to look for the truth?

Why would anyone really trust online ratings and reviews anymore? We’ve all learned that often anonymous blog, forum, and social media comments can be fraught with misinformation, or even outright lies, and in some cases have recently contributed to fraudulent or money losing relationships in the banking world. I’m going to leave that question op...

07 April 2025 /payments

Elevating the payments game – how financial institutions can navigate innovation and security

Tareq Muhmood SVP, Value Added Services at Visa

Elevating the payments game – how financial institutions can navigate innovation and security

Today’s payments landscape bears little resemblance to what we were doing only ten years ago. As an industry, we should be proud of the progress being made, such as contactless growth, tokens and the continued rise of ecommerce – however, there still is plenty of room to innovate. The demands of consumers continue to evolve, with many not willing ...

04 April 2025 /payments

Driving seamless and secure B2B payments in 2025

Tulsi Narayan EVP – Commercial and New Payment Flows, Europe at Mastercard

Driving seamless and secure B2B payments in 2025

From contactless to e-commerce, consumers are leveraging digital tools more than ever to simplify and enhance their daily lives. But for large companies and their B2B payment processes, which are by their very nature more complex, they are only just beginning to experience the similar benefits that we’ve come to expect as consumers; seamless, smar...

03 April 2025 /payments

Will 2025 be the year of embedded finance at scale?

Andrew Ellis CEO at NatWest Boxed

Will 2025 be the year of embedded finance at scale?

Embedded finance, despite early promises, has not been adopted at quite the scale expected of a growing multi-billion market. The shift from early fintech-to-fintech implementations to consumer-facing products opened up a huge market, yet implementations are not as prevalent as they could be and most deployments have been relatively small in scale...

02 April 2025 /payments

Hamish Monk Senior Reporter at Finextra

Understanding the ISO 20022 deadline

The deadline for ISO 20022 – the new standard for electronic data interchange between financial institutions – has been notoriously changeable. Back in March 2020, Swift delayed the original migration date for cross-border payments by 12 months (from November 2021 to the end of 2022) as banks struggled with decommissioning and preparing existing ...

01 April 2025 /payments

Can open banking stand alone as the UK’s payment infrastructure?

Tom Hay Principal Consultant at Payment Systems Europe

Can open banking stand alone as the UK’s payment infrastructure?

The weaponisation of payment infrastructure by governments is not a theoretical risk; it’s a reality. In 2023, the US imposed sanctions on Russia’s Unistream Bank, leading to the suspension of cross-border payment services by banks in countries like Armenia, Georgia, and Kazakhstan due to fears of secondary sanctions. This disruption affected remi...

31 March 2025 /payments

The top payments stories you missed in March 2025

Dominique Dierks Senior Content Manager at Finextra

The top payments stories you missed in March 2025

March has been a busy month in the world of payments. From regulatory upheaval to rising fraud numbers, here is an overview of our most viewed Payments stories from this month. UK Government confirms plans to scrap Payment Systems Regulator You probably did not miss this story. In March, the UK Government has officially confirmed its plans to aboli...

28 March 2025 /payments

Empowering European consumers: The future of personalised payments

Brice Van De Walle EVP at Mastercard

Empowering European consumers: The future of personalised payments

The European payments landscape is evolving rapidly. Technological advancements, shifting consumer behaviors, and regulatory changes are driving a move toward more flexible and personalised payment experiences. Mastercard’s research conducted last year, reveals that two-thirds of European consumers prefer to consistently use the same payment method...

27 March 2025 /payments

What’s up with all the payments outages?

Sehrish Alikhan Reporter at Finextra

What’s up with all the payments outages?

The beauty of online banking is that it’s – for the most part – instant. If your friend owes you money, they can transfer it to your account immediately. If you forgot to pay your bills, log online and you can pay them right then and there. Even on payday, the money should go directly to your account. However, payments outages have become more and...

05 March 2025 /payments

The top payments stories you missed in February 2025

Dominique Dierks Senior Content Manager at Finextra

The top payments stories you missed in February 2025

Catch up on our most viewed payments stories from February 2025. UK Government mulls abolishment of Payment Systems Regulator Our most read news story from February was the announcement that the UK government is considering scrapping the Payment Systems Regulator (PSR) and folding it into the Financial Conduct Authority (FCA). As it currently stan...

28 February 2025 /payments

Embedded finance: The future of seamless financial services

Thomas Easterby Head of FinTech at HSBC Innovation Banking

Embedded finance: The future of seamless financial services

Embedded finance can be defined as the integration of financial services, such as payments, lending, insurance, or banking, directly into non-financial products and platforms. Over the past decade business models in this category have proliferated, fundamentally changing how consumers and businesses interact with money, and providing fintech and f...

27 February 2025 /payments

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