Volante Technologies has expanded its partnership with KPMG, developing a maturity model for payment service providers to determine banks’ readiness to process ISO 20022 messages and meet industry mandates
Only 24 per cent of consumers and 15 per cent of SMEs expect payments to be instant, but expectations for speed are likely to increase
The solution is designed to ensure RBI’s cross-border transactions comply with the ISO 20022 standard, thereby establishing a smooth transition for both the bank and its clients
Volante Embedded Preprocessing wil help banks validate, transform and route their payments messages
BNY Mellon and financial empowerment fintech MoCaFi have partnered to improve payment options for unbanked and underbanked communities in the US
Fifth Third Bancorp is set to acquire fintech infrastructure platform Rize Money as it expands its embedded payments services
The study, published by BIS Innovation Hub Nordic Centre, evaluates how central bank digital currency payments could be made without access to the Internet, an essential consideration for resilience planning and for CBDC payments in remote locations