1. Investigating Payments Data

2. Where does Financial Data come from?

3. What’s the deal with Commerce Data?

4. Can Leveraging Payment Data Improve Bank Operations?

Following our last two articles exploring data sources, this week we’re exploring the ways banks and payments companies can leverage rich data to improve their operations.

Special mention to Akhil Rao for so much great content on this week’s topic.

Overview:

• IR: What is ISO 20022 and How is it Changing in 2021?

• Finextra: The Importance Of Data In A Payment And Why Is The Switch Over To ISO 20022 Is So Significant?

Automation:

• PayStand: What is Straight Through Processing?

• Finextra: Curbing the cost of payment failures with straight through processing

Cross-Border:

• FSB: Cross-border Payments

• SWIFT: Citi is creating a more efficient cross-border payments ecosystem with the adoption of ISO 20022

Financial Crime

• International Banker: Meeting the Growing Challenge of Financial Crime Compliance

• Akhil Rao: The Rise of Payments Data Strategy - AML and Sanctions Screening

Fraud:

• Thoughtworks: Data and AI tech combat payment fraud

• US Fed: Fraud Types and Authentication for Remote Payment Use Cases

Identity:

• Akhil Rao: Importance of LEI - A step towards ISO20022 Structured Data

If you have thoughts or questions to share on this series, please leave a comment.

These musings on the developments in data-rich payments are assembled by the team at 20022 Labs. See more issues and subscribe to get updates in your inbox.