With compliance deadlines fast approaching, banks and payment service providers (PSPs) must work with increased urgency to enable messaging over the ISO 20022 standard.
In the second part of this three-part blog series, we’ll highlight how accounting systems can present further modernization hurdles for business customers, and explore the importance of flexible preprocessing to an FI’s ability to offer new value and accelerate customer adoption.
Volante sat down with the head of consulting services at TradeHeader, Aleix Revilla, as well as the firm's founder and managing partner, Marc Gratacos, to discuss the expanding opportunities and challenges ahead for ISO 20022 adoption.
We discuss the recent launch and insights gained from Volante's ISO 20022 Maturity Model with José Luis Melgarejo Frutos, product manager for Volante's ISO 20022 service, and Nihit Ahuja, head of Volante's Platform business unit.
In the first part of this three-part blog series, we take a look at how friction impacts payment-channel adoption, as well as expectations from businesses to gain access to innovation from their banks and financial providers.
In the third and final edition of this blog series, we take a closer look at the instant payments journey and address communicating the value of instant payments to secure approval and support from the C-suite.
In part two of this blog series, we’ll take a closer look at how respondents are approaching key interoperability challenges and the integration of emerging networks, as well as the increasing role of cloud and PaaS solutions in accelerating global payments modernization.
While it may feel like a bare-minimum approach ahead of the imminent FedNow rollout, launching instant payments in receive only mode is actually an incredibly smart strategy for banks not ready to go all in and comes with a number of significant benefits.
The European Central Bank announced that they would be delaying the move to the new TARGET2 system also using ISO 20022 HVPS+ messaging, stating that participants would require more testing time. Is SWIFT next?
In part one of this two-part blog series, we’ll highlight some key insights revealed about the current state of readiness among financial institutions, as well as their evolving plans and priorities.
Should you be moving forward with your plans to enable transactions on RTP, or simply wait for FedNow? When exactly should you be prepared to offer instant payments services to your account holders?
Due to the pre-existing widespread utilization of TCH’s RTP network, the first iteration of FedNow will exist primarily as an alternative to RTP, and there remains considerable redundancy between the two systems. So where do the two systems differ?
Bringing to market a new ecosystem of connected, intelligent solutions that allow financial institutions to provide real-time insight and automation to their corporate customers.
