HSBC processes 4.4 billion payments every year – or 139 every second. The bank has offered ISO 20022 XML based products and solutions since 2003, and has seen a continuous growth in customer demand and transaction volume. Recently, HSBC partnered with Swift to define a common industry standard for APIs in Hong Kong, based on ISO 20022.

Artificial intelligence can dramatically improve the speed of transactions and the accuracy of anomaly detection. To help realise the full potential of this technology, we’re building a state-of-the-art AI platform and innovating with our community.

Watch this series examining top tips from leading innovators in the financial industry on how to make innovation a success. This week: Interview with Scarlett Sieber, BBVA.

Watch this series examining top tips from leading innovators in the financial industry on how to make innovation a success. This week: Interview with Tim Bosco, Brown Brothers Harriman.

Payments are evolving fast — and in 50 years the experience could be vastly different to that of today. Three payments experts look to the future.

In this hotly contested market, 90% of today’s revenue pool could migrate to software vendors, major technology firms, and other contenders.

This news was first published on Dialogue Online.

Due to the start of the go-live and the coexistence period for ISO 20022 for CBPR+ changing to 20 March 2023 some of the information in the content is out of date. For more information on the migration to ISO 20022 in payments please visit our readiness page.  With the completion of the FINplus RMA bootstrap and the start of early adoption, it’s been a busy last few weeks in the CBPR+ world for our community. In particular, there has been further progress on messaging interface…

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