Blockchain technology (within the broader distributed ledger umbrella) has received a lot of eyeballs over the last decade, moving beyond the admiration of niche cryptocurrency fanatics and into the mainstream conversation of experts and investors, especially in the banking and financial services space. Whether it is Payments, P&C (Property & [...]
It’s an understatement to say that we live in a very different world than a couple of years ago. The pandemic has brought about extraordinary changes in the way customers consume goods. From online shopping for essential goods and services, e-commerce businesses to doing financial transactions instantly, there has [...]
A Blockchain is a distributed ecosystem marked by the absence of a central authority and involves a Distributed Ledger spread across multiple nodes managed by multiple entities. The transactions are recorded using an immutable cryptographic signature known as a hash and added as a chain of “blocks.” The blockchain market trends The [...]
ISO 20022 is a new global and open payment messaging standard. It provides a global standard for payment data by establishing a uniform language and paradigm. The ISO 20022 standard generates higher-quality data than other standards, resulting in higher-quality payouts for everyone. It is a single standardization approach developed and maintained by ISO/TC 68. This standard is adaptable [...]
