Episode Details
Back to EpisodesPayments Brief: May 13, 2026
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
Affiliate Links:
ElevenLabs: try.elevenlabs.io
Square: squareup.com/refer