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SWIFT’s ISO 20022 services for cross-border payments ready for customer testing
SWIFT announced the availability of its new In-flow Translation service and confirms that it now offers a full ISO 20022 customer testing environment for cross-border payments. In-flow Translation will enable... read more
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A parallel payments data revolution to underpin digital payments
US payments technology is currently lagging behind other regions with lengthy settlement delays, limited mobile money penetration and outdated data management processes. Just 10% of US consumers use mobile payments,... read more
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The old acquiring model is dead – here’s what’s next…
As in many other areas of life, COVID-19 has accelerated changes evident in merchant acquiring over the last five years. These changes go beyond the obvious, such as the shift... read more
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Digital commerce in Latin America expand 37% – Pix and wallets lead charge
Latin America’s digital commerce market is expected to grow by 37% by the end of 2021 and expand at a double-digit pace across the region through 2025. Some of LatAm’s... read more
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Instant payments and why their is a need for standardisation
For businesses, instant payments offer the potential to reduce late payments and improve cash flow. From a consumer perspective, payments can be made or received easily and safely in seconds.... read more
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