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Payments Brief: May 13, 2026

Episode 75 Published 1 week, 5 days ago
Description

Payments and FinTech Daily delivers a concise, executive-level briefing on the most important developments in payments, banking, and financial technology. In today's episode: The global payment system enters a hard enforcement phase as ISO 20022 exposes structural gaps; SWIFT ends support for MT messages enforcing a full ISO 20022 adoption with new contingency fees; Nearly half of banks are unprepared for the November 2026 ISO 20022 deadlines, risking payment rejections and customer disruptions; Structured data requirements in CBPR+ messages could cause rejected payments; U.S. banks face acute challenges with fragmented systems in meeting requirements, impacting global cross-border corridors; Divergence in implementation with open banking frameworks may create incompatible systems.

Today's episode is brought to you by: BNewshel Consulting

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