the Benefits of the ISO 20022 Standard

Discover the Benefits of the ISO 20022 Standard

The ISO 20022 standard is by no means new, at least as a concept, though in terms of implementation, things stand somewhat differently. This standard was born in 1999, at least as a proposal whereby standards would be based on structured and formal frameworks that would include end-to-end transactions, business information modelling, and validation levels that […]
SEPA, euro, payments

The Changing Face of European Banking: SEPA and its’ Benefits

When the SEPA initiative, or the Single Euro Payments Area, was first rolled out, many people didn’t see the benefits of this system, believing the changes would be inconsequential. They were quickly proven wrong. SEPA has made cross-border payments simpler, which has led to massive savings for corporates and banks alike, while also offering a wider […]
SEPA, SWIFT, financial messaging, ISO20022

A review of 6 SWIFT Financial Messaging Solution Providers

At Payment Components we have been advising financial institutions, banks and software companies for over eight years, with regards to their SWIFT financial messaging solution provider needs.

Payment Components