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ISO 20022: Facilitating Transparency, Efficiency, and Deterrence of Fraud | Part 4 | Bottomline
As the global payments landscape undergoes the shift to ISO 20022, this digital transformation is a significant inflection point for the financial system and the payment ecosystem. As payment stakeholders move from basic connectivity to avoid disruption, to actually being able to leverage ISO 20022’s utility to solve long-standing pain points, we will unlock true value.
Ultimately, similar to the telephone being seen as a phone book until the network of telephone users were linked together, the technology behind ISO 20022 will generate new opportunities only when ISO 20022 is used widely and interoperability is achieved across multiple payments ecosystems.
This position is supported by the findings from the most recent industry report, providing valuable insight into the increased transparency, improved data management, and reduced manual workload—all of which are essential to reducing the costs and achieving operational efficiency. However, enabling advanced fraud analytics in payments is possibly the most advantageous benefit for banks and payment service providers, which can lead to reducing the rate of false positives in sanctions screening, allowing streamlined compliance.
The realization that there will be a deadline for eligibility to participate in the ISO 20022 coexistence period typically occurs only when there is no turning back. As any organization is only designed to be as effective and efficient as its current capabilities allow, the shift to ISO 20022 will apply pressure on banks to comply, especially since only half of SWIFT members are compliant with the CBPR+ standards. In this regard, in addition to addressing compliance alone, there are substantial opportunities to create new value related to cross-border payments to address G20 priorities for the financial system relating to data loss in cross-border transfers; trapped liquidity that lives in multi currency accounts; and a lack of transparency to detect infractions.
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ISO 20022: Facilitating Transparency, Efficiency, and Deterrence of Fraud | Part 4 | Bottomline
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Modernising Payments: How Are Banks in EMEA Shaping Up? | Part 1 | Volante Technologies
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Papaya Ltd Partners with SME Bank to Strengthen Safeguarding of Customer Funds
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40% of FIs Say Legacy Systems Are Holding Them Back | Bottomline
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Full Stack Clarity: The Reputation Firm Behind the Curtain of Private Equity Deals
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EXCLUSIVE: The 10x Technology Supporting ‘Life’s Ledger’ for 180,000 Community-Minded Kiwis
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Fine Wine is Having Its Fintech Moment. And This is Why Data Always Win.
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Coda Completes Acquisition of Recharge, Expanding Global Reach in Digital Content Monetization and Distribution
Coda, a global leader in digital content monetization headquartered in Singapore, has completed its acquisition of Recharge, Europe’s leading prepaid payments platform, headquartered in Amsterdam. This follows Coda’s announcement last month on the signing of a definitive agreement to acquire Recharge.
Work In Fintech and payabl. Partner to Showcase AI at Third Work in Fintech Summit
Work in Fintech (‘WIF’), the social project dedicated to increasing diversity and social mobility for young people in fintech, today announces the return of payabl., one of Europe’s leading financial technology providers, as main sponsor of its third flagship event - The Work In Fintech AI Summit - taking place at Google’s Headquarters in London.
Bitget’s Smarter Speed Challenge Brings MotoGP Online
Bitget, the world’s leading cryptocurrency exchange and Web3 company, is revving up for the second half of the MotoGP season with the official launch of the Smarter Speed Challenge, an online racing mini-game built to bring an adrenaline rush to the fingertips of both Web2 and Web3 users. Flagging off on August 18, this campaign blends online gameplay with real-world perks. Users can climb live online leaderboards for their chance at a share of 66,000 USDT, a paid trip to meet five-time world champion Jorge Lorenzo and exclusive 2026 MotoGP VIP Passes.
Experian M&A Activity Report Shows ThinCats as Leading Alternative Finance Debt Provider Across the UK in First Half of 2025
Today, Experian has published its latest MarketIQ report, detailing M&A activity across the UK and Ireland for the first half of 2025. ThinCats has ranked as the top alternative finance provider of debt funding across the UK, for deal volume.
HTX Ventures’ Comprehensive Analysis of Tokenized Stocks: Three Main Models, Key Players, and the Global Market Race
HTX Ventures, the global investment arm of HTX, has released its latest research report “Are Tokenized Stocks a Treat or a Trap? A Complete Guide”. The report examines the driving forces, mainstream models, and possible evolution paths of tokenized stocks, and explores how they may merge with traditional capital markets.
The UK’s Payments Revolution Can’t Ignore the Fraud Crisis
“The UK’s Payments Vision Delivery Committee (PVDC) has left fintechs and other companies in the transaction processing industry on the edge of their seat as they recently teased that not only would their official strategy for a “world-leading payments ecosystem” be made public this autumn, but that their Payments Forward Plan would be published by the end of the year. These initiatives, set forth under the sight of the National Payment Vision, will lay the blueprint for a true overhaul of the U.K. payments ecosystem that will champion “innovation, competition and security.”
FOLK2FOLK Strengthens Lending Team with Appointment of Tracey Gott as Relationship Manager
FOLK2FOLK, the UK’s largest peer-to-peer business lending platform with £780 million lent to date, has announced the appointment of Tracey Gott as Relationship Manager. Tracey joined the business before the summer and has already built strong broker engagement in her first few months.