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Location
London
Member since
2020
Writes about
Payments Regulation & Compliance Retail banking

Akhil's blog archive

2023 (1) 2022 (1) 2021 (8) 2020 (2)
Akhil Rao

Akhil Rao

Director at Nth Exception
Message Message me Posts: 12 Comments: 0
Bio Professional with over 19 years of Product Management and Business Consulting experience in Strategic Payments Business Transformation programs, Transition Projects, Automation & Reengineering initiatives & Payments Operations. Currently, Managing Director - Nth Exception, Cross Border Payments technology provider and consulting firm. Career History Nth Exception is a leading fintech specializing in ISO 20022, Swift messaging and Instant Payment solutions. Our expertise in these areas ensures that clients can streamline their operations, reduce costs, and improve their overall efficiency. Our cutting-edge technology helps financial institutions of all sizes stay ahead of the curve in an increasingly competitive payment marketplace.

Blogs

 

Demystifying ISO 20022: A Comprehensive Guide for Financial Institutions

29 May 2023

In today's rapidly evolving financial landscape, where technology and connectivity play a pivotal role, the need for standardized and efficient communication within the industry has become more crucial than ever. Enter ISO 20022, an international standard for financial messaging that is revolutionizing the way institutions exchange information and...

1

SWIFT Matters

The Global ISO 20022 Journey - Nuances, Complexities and Considerations

16 Aug 2022

Standards are a cornerstone of the financial industry. For over 40 years the SWIFT MT standard has enabled industry automation, reducing the cost and risk of cross-border business, and enabling the development of the correspondent banking system on which world trade depends. Today, around 28 million MT messages are exchanged on the SWIFT network e...

The Payments Business

Value of ISO 20022 for FinTechs

06 Sep 2021

As a common business language for the financial marketplace, ISO 20022 is firmly positioned as a unifier for new and contrasting FinTech innovations, such as Distributed Ledger Technology (DLT), Smart Contract (SC), and Application Programming Interfaces (APIs). Considered the de facto, universal business language for financial industry initiative...

Payments strategies 2015-2020-2030

DLT in Payments and Settlements - Bridging the Gap

06 Sep 2021

Major transformations in payments and settlements have occurred in generations. The first generation was paper-based. Delivery times for payment instruments took several days domestically and weeks internationally. The second generation involved computerization with batch processing. Links between payment systems were made through manual or file-b...

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