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How To Improve Interoperability Without Eliminating Positive Fragmentation
How To Improve Interoperability Without Eliminating Positive Fragmentation

Finextra

time08-07-2025

  • Business
  • Finextra

How To Improve Interoperability Without Eliminating Positive Fragmentation

Joining FinextraTV at the EBAday 2025 in Paris, Sean Devaney, Vice President of Strategy for Banking and Financial Markets, CGI added to the ongoing conversations surrounding cross-border payments. Mentioning CLS (continuous linked settlement) and Swift, Devaney describes the differences across initiatives while still emphasising the benefits of a fragmentation of offerings. Devaney describes how having different initiatives for different needs is positive, but there needs to be an increased level of interoperability to bring them all together.

A2A Regulation: Prepare For Compliance Deadlines, Without Losing Modernisation
A2A Regulation: Prepare For Compliance Deadlines, Without Losing Modernisation

Finextra

time04-07-2025

  • Business
  • Finextra

A2A Regulation: Prepare For Compliance Deadlines, Without Losing Modernisation

Whilst joining the FinextraTV studio at EBAday 2025, Craig Ramsey, Head of A2A Payments, ACI Worldwide helped to both define the fundamentals of account-to-account payments, as well as sharing his insights into the current landscape. Touching on recent regulation obstacles, Ramsey described how modernisation projects have been stopped to strategically meet regulatory standards. In his eyes, this may lead organisations to be on time to meet regulatory deadlines but lacking in readiness for the iterative innovations needed in the current market.

Verification of Payee: The role of RVMs & Conformance
Verification of Payee: The role of RVMs & Conformance

Finextra

time02-07-2025

  • Business
  • Finextra

Verification of Payee: The role of RVMs & Conformance

Joining the FinextraTV studio at EBAday 2025 in Paris, Paulo Barbosa, COO, Banfico helped to provide an understanding of what a routing and verification mechanism (RVM) is and how it is impacting the verification of payee landscape. Barbosa provided an up-to-date look at what is currently evolving ahead of the October deadline, whilst sharing clarifications around the role RVM's play alongside banks to provide greater speed, experience and compliance.

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