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Many established banks are still struggling with a historically evolved IT landscape. Outdated core systems, monolithic architectures and proprietary interfaces slow down innovation – and are increasingly becoming a risk. However, the migration from old systems (legacy transformation) to modern platforms is not just a technical challenge – it is a complex balancing act between stability, innovation and regulatory precision.

The topic of “Verification of Payee” (VoP) should not only interest customers as the originator of a payment, but also in their simultaneous role as payee. When a transfer is entered, the customer’s own data as the recipient is also run through the VoP check (also known as VoP passive) and the payer receives the results: Match – Close Match – No Match – Not Applicable. What can be done to ensure that both parties – customers and payers – receive good VoP results?

In November 2025, a major chapter in the evolution of global payments will close: the end of SWIFT’s coexistence phase between MT and ISO 20022 messages. From that point on, financial institutions will be required to adopt ISO 20022 as the sole format for core payment messaging. It’s a critical moment — but not the end of the road. In fact, it’s just the beginning.

msg has joined the onpier platform as a new service provider. onpier is a B2B platform designed to facilitate smooth networking and collaboration between service providers and insurance companies.

Tom Schamberger is “Confluent Partner Evangelist of the year - EMEA”. Already in the first year of their partnership, the msg group was honored by Confluent for its outstanding data management consulting.

The recalibration of the IRRBB interest rate shocks by the Basel Committee is of central importance for banks‘ interest rate risk management. The Basel Committee recommends that these updated standard interest rate scenarios should be used from 1 January 2026. Before then, however, the EBA and the national supervisory authorities must adopt these recommendations for European banks. The tool developed by msg for banking to calculate the IRRBB interest rate scenarios has been updated so that it supports the new recalibrated interest rate shocks in addition to the previous IRRBB interest rate scenarios. You can find out what changes have been made in the following article.

Solution for ‘active notification’ for EBICS customers in accordance with the Instant Payment Regulation The Instant Payment Regulation (IPR) requires banks to actively inform their customers about the execution of the real-time payment. But what happens if a customer submits a payment via EBICS and the bank issues the execution confirmation while the customer has long been offline? EBICS WebSocket offers a solution.

How can the review of credit documents and credit processes be made more intelligent? This article analyzes how banks can use AI to automatically analyze documents, identify risks at an early stage and make lending more efficient – including four practical examples.