Innovation, new technologies, demand from customers and markets moving to real-time are all driving the development of real-time payments

MyStandards is helping more than 40,000 users manage standards definitions and industry practice more efficiently. And as we move towards the transition of cross-border transactions to the ISO 20022 messaging standard, MyStandards will be playing a key support role.

Day four of Innotribe at Sibos 2018 Sydney

Combatting financial crime

The start of the migration to ISO 20022 for cross-border payments and reporting in March 2023 marked a significant milestone for the payments industry. It showcased some of our core values around operational excellence, innovation, and close collaboration with our community being demonstrated with action. Since the start of coexistence, an average of 600,000 ISO 20022 messages were exchanged every business day between 1,000+ sending institutions and 5,600+ receiving institutions in more than…

Major improvements have been made to the securities services operating model over the last decade, but inefficiencies in the trade settlement process continue to be a recurrent challenge – and it requires a speedy resolution.

Guidelines bring the industry a step closer towards making ubiquitous, instant cross-border payments a reality.

With changing customer expectations, increased competition and ever-evolving technology, innovation is essential. But it must be balanced alongside many other priorities. Here’s why collaboration is needed to solve the challenges the financial industry faces. 

Increasingly, financial institutions are migrating their core services to public and private cloud solutions.

Driving growth in Africa – the role of the financial infrastructure in boosting intra-African trade