ISO 20022 | Jotup

Finzly Launches Account Galaxy: Embedded Banking Solution with Virtual Account and Virtual Ledger Capabilities

Retrieved on:

木曜日, 4月 4, 2024

Growth, EVP, Partnership, ERP, ISO 20022, News, API, FX, ISO, Bank

CHARLOTTE, N.C., April 4, 2024 /PRNewswire-PRWeb/ -- Finzly, the pioneering provider of modern money movement systems to financial institutions, today announced the launch of Account Galaxy™, a groundbreaking solution that provides the tools and technology needed by banks of all sizes to participate in the emerging embedded banking segment.

Key Points:

Through a "sidecar core", Account Galaxy provides virtual accounts, a functionality needed for core-independent embedded banking.
Finzly is already assisting banks like Quaint Oak Bank in their embedded banking evolution.
While embedded banking has the potential to transform banking as we know it today, participation has been limited because of the advanced technologies needed.
"Account Galaxy is a game-changing solution that empowers banks of all sizes to participate in the fast-growing embedded banking business," said Booshan Rengachari, Finzly founder and CEO.

Canada reaches $11.7 trillion in payment transactions in 2022 - up 7% in value from 2021

Retrieved on:

木曜日, 10月 5, 2023

Online, Transfer, Lynx, Parent, Fad, EFT, Payment, RTR, ISO 20022, Interac e-Transfer, Interac, ISO, Growth, ABM, Payments Canada, BNPL, Sale, Bank, Cryptocurrency, Online shopping, Financial services, Credit

Almost 9 in 10 (89%) Canadians tapped a payment card at least once a month for a store purchase in 2022.

Key Points:

Almost 9 in 10 (89%) Canadians tapped a payment card at least once a month for a store purchase in 2022.
Online transfer continued to be the fastest-growing payment type with year-over-year volume growth of 11% and value growth of 19% from 2021.
While total payment volume declined by 2% compared to five years ago, total payment value increased by 21% during this same period.
The ISO 20022 message standard supports data-rich payments - more information about the payment traveling with the payment.

Westpac New Zealand accelerates ISO 20022 compliance with Finastra

Retrieved on:

水曜日, 5月 17, 2023

RTGS, ISO 20022, Ecosystem, MT, MX, Westpac, Automation, ISO, Online shopping, Finastra, Payment

AUCKLAND, New Zealand, May 17, 2023 /PRNewswire/ -- Westpac New Zealand has deployed a solution from Finastra to accelerate its compliance with the new ISO 20022 financial messaging standard.

Key Points:

AUCKLAND, New Zealand, May 17, 2023 /PRNewswire/ -- Westpac New Zealand has deployed a solution from Finastra to accelerate its compliance with the new ISO 20022 financial messaging standard.
ISO 20022 is a global standard for the exchange of financial messages, such as payments, and brings benefits including greater interoperability between financial systems, enhanced straight-through processing, and improved data quality.
"With ISO 20022 set to replace the legacy MT financial messaging formats, we were eager to find a fast route to compliance and leverage the richer data offered by the new MX format, whilst ensuring continuity for existing applications," said John Forrester, Head of Payments, Westpac New Zealand.
We are pleased to have helped Westpac New Zealand prepare for the new standard and leverage all the potential benefits for its end customers."

Westpac New Zealand accelerates ISO 20022 compliance with Finastra

Retrieved on:

水曜日, 5月 17, 2023

RTGS, ISO 20022, Ecosystem, MT, MX, Westpac, Automation, ISO, Online shopping, Finastra, Payment

AUCKLAND, New Zealand, May 17, 2023 /PRNewswire/ -- Westpac New Zealand has deployed a solution from Finastra to accelerate its compliance with the new ISO 20022 financial messaging standard.

Key Points:

AUCKLAND, New Zealand, May 17, 2023 /PRNewswire/ -- Westpac New Zealand has deployed a solution from Finastra to accelerate its compliance with the new ISO 20022 financial messaging standard.
ISO 20022 is a global standard for the exchange of financial messages, such as payments, and brings benefits including greater interoperability between financial systems, enhanced straight-through processing, and improved data quality.
"With ISO 20022 set to replace the legacy MT financial messaging formats, we were eager to find a fast route to compliance and leverage the richer data offered by the new MX format, whilst ensuring continuity for existing applications," said John Forrester, Head of Payments, Westpac New Zealand.
We are pleased to have helped Westpac New Zealand prepare for the new standard and leverage all the potential benefits for its end customers."

Nacha Announces XMLdation as a Preferred Partner for the Categories of Compliance and ACH Experience

Retrieved on:

木曜日, 4月 13, 2023

Other Professional Services, Payments, Finance, Banking, Professional Services, Technology, Fintech, Business, API, ACH Network, ISO 20022, ISO, Partnership, Partner, ACH, Bank

XMLdation is now a Nacha Preferred Partner for the Compliance and ACH Experience categories.

Key Points:

XMLdation is now a Nacha Preferred Partner for the Compliance and ACH Experience categories.
In becoming a Preferred Partner, XMLdation joins a select group of innovators that Nacha recognizes for offering products and services that align with Nacha’s core strategies to advance the ACH Network.
“Nacha’s Preferred Partners are important to ensuring the ACH Network continues to meet diverse payments needs now and in the future.
“We are thrilled to announce our partnership with Nacha as a Preferred Partner,” said Tricia Balfe, CEO of XMLdation.

Payments Canada introduces data-rich messages to high-value payments in Canada with Lynx Release Two

Retrieved on:

火曜日, 3月 21, 2023

Transfer, IBM, Nexi, Payments Canada, Swift, ISO 20022, Bank, Travel, LVTS, Large Value Transfer System, Automation, ISO, Online shopping, Lynx

OTTAWA, ON, March 21, 2023 /CNW/ - Today, Payments Canada announced the launch of the second release of Lynx , Canada's high-value payment system.

Key Points:

OTTAWA, ON, March 21, 2023 /CNW/ - Today, Payments Canada announced the launch of the second release of Lynx , Canada's high-value payment system.
The second release of Lynx introduces the ISO 20022 financial messaging standard which allows richer data to travel with each payment.
"The introduction of ISO 20022 messaging on the Lynx payment system represents a massive collaborative effort between Payments Canada, our member participants, the Bank of Canada and our technology partners IBM and Nexi," said Tracey Black, President and CEO at Payments Canada.
"Payments Canada is proud to bring the benefits of ISO 20022 to Canadians through Lynx at the same time as the global payment community.

NewNet Partners With Calculus Networks to Deploy AccessGuard 1000 Systems to Provide Secure Transaction Transport for a Leading Mexican Payment Provider

Retrieved on:

火曜日, 2月 28, 2023

NewNet Secure Transactions Inc., (“NewNet”) a leading provider of innovative solutions for secure payments to financial institutions, banks and payment providers, has partnered with Calculus Networks, Mexico, (“Calculus”) to deploy multiple AccessGuard 1000 (“AG1000”) systems for a major payment provider in Mexico.

Key Points:

NewNet Secure Transactions Inc., (“NewNet”) a leading provider of innovative solutions for secure payments to financial institutions, banks and payment providers, has partnered with Calculus Networks, Mexico, (“Calculus”) to deploy multiple AccessGuard 1000 (“AG1000”) systems for a major payment provider in Mexico.
The PCI validated NewNet payment solution offers secure transaction routing and transport via cloud based virtualized applications or physical environments.
NewNet’s AG1000 consolidates HTTPS and TLS/SSL transaction routing, TLS/SSL acceleration and load balancing within a compact rack mounted footprint.
“We are delighted to partner with NewNet and offer AccessGuard 1000 solutions to enhance the transaction performance capability and meet higher security standards for our payment provider and payment acquiring customers,” said Sooraj Vasudevan, CEO of Calculus Networks.

Volante Technologies Named to Prestigious IDC FinTech Rankings Top 100 for Second Year Running

Retrieved on:

木曜日, 9月 22, 2022

LONDON, Sept. 22, 2022 /PRNewswire/ -- Volante Technologies, the global leader in cloud payments and financial messaging, today announced that it has been named to The IDC FinTech Rankings Top 100 for the second year in a row. The IDC FinTech Rankings 2022 evaluates and categorizes the top IT vendors based on 2021 calendar year revenues and the percentage of revenues exclusively attributed to financial institutions.

Key Points:

LONDON, Sept. 22, 2022 /PRNewswire/ -- Volante Technologies , the global leader in cloud payments and financial messaging, today announced that it has been named to The IDC FinTech Rankings Top 100 for the second year in a row.
According toAaron Press, Research Director at IDC Financial Insights, "Volante's focus on payments has once again placed the company on the IDC Fintech Rankings Top 100.
The IDC Fintech Rankings, now in its 19th year, is the global standard list of fintech providers to the industry, and we congratulate Volante for their placement among the 2022 winners."
For more information about the The IDC FinTech Rankings 2022, visit http://www.idc-fi.com and follow on Twitter @IDC and look for #IDCFinTechRankings.

Volante Technologies Named to Prestigious IDC FinTech Rankings Top 100 for Second Year Running

Retrieved on:

木曜日, 9月 22, 2022

LONDON, Sept. 22, 2022 /PRNewswire/ -- Volante Technologies, the global leader in cloud payments and financial messaging, today announced that it has been named to The IDC FinTech Rankings Top 100 for the second year in a row. The IDC FinTech Rankings 2022 evaluates and categorizes the top IT vendors based on 2021 calendar year revenues and the percentage of revenues exclusively attributed to financial institutions.

Key Points:

LONDON, Sept. 22, 2022 /PRNewswire/ -- Volante Technologies , the global leader in cloud payments and financial messaging, today announced that it has been named to The IDC FinTech Rankings Top 100 for the second year in a row.
According toAaron Press, Research Director at IDC Financial Insights, "Volante's focus on payments has once again placed the company on the IDC Fintech Rankings Top 100.
The IDC Fintech Rankings, now in its 19th year, is the global standard list of fintech providers to the industry, and we congratulate Volante for their placement among the 2022 winners."
For more information about the The IDC FinTech Rankings 2022, visit http://www.idc-fi.com and follow on Twitter @IDC and look for #IDCFinTechRankings.

PwC Belgium and BR-AG Collaborate on Agile Platform to Unlock Value Behind Regulatory Reporting

Retrieved on:

水曜日, 5月 18, 2022

Tapping into this challenge, PwC Belgium, with the support of technology-collaborator BR-AG, developed Regulatory Reporting Insights, powered by BR-AGs ATOME Matter and ATOME Particles solutions.

Key Points:

Tapping into this challenge, PwC Belgium, with the support of technology-collaborator BR-AG, developed Regulatory Reporting Insights, powered by BR-AGs ATOME Matter and ATOME Particles solutions.
This allows financial institutions not only immediate access to an increased level of trust in their regulatory reporting but also to unlock the insights their regulatory reporting contains that was previously only accessible to supervisors.
Trust in data is the core component of any endeavor within the regulatory reporting sphere and goes beyond compliance.
Understanding the variety of needs across department stakeholders, Regulatory Reporting Insights caters to the data demands of multiple teams managing finance, risk, and regulatory reporting.