The steps the Bank of England is taking are designed to ensure the benefits of payments data are available to all RTGS users, irrespective of how they access their data. In doing so, the Bank aims to move towards an objective of richer payments data,…
The National Fraud Portal from Bank Negara Malaysia and PayNet Malaysia marks an important step forward for the country in combating financial fraud. Serving as an agent of change in data standardisation and ecosystem collaboration, the NFP is not merely…
The Legal Entity Identifier — as a unique global identifier — can solve the critical problem of insufficient transparency in counterparty identification in cross-border payments ecosystems. Why? Adding the LEI as a data attribute in payment messages allows…
