Payments modernization
Views
Briefs under Payments modernization.
- Canada · Real-Time Rail
Receiving is the easy part
At launch, institutions only have to receive RTR payments. The hard part is sending: fraud controls for irrevocable payments, liquidity and pre-funding, and 24/7 operations. Plan that work now, not in 2027.
Read → - Global · ISO 20022
ISO 20022 isn't done
Many banks met the Swift cutover with translation layers. Structured addresses, exceptions and investigations, and statements arrive between 2026 and 2028, and each one exposes data you don't hold yet.
Read →