Tag: ISO 20022 Pakistan

Pakistan Advances Financial Digitization with Launch of PRISM+ Payment and Settlement System

Finclusion webdesk -
The State Bank of Pakistan has launched PRISM+, its upgraded payment and settlement system based on ISO 20022 standards. The system enhances transparency, interoperability, and liquidity management, aligning Pakistan’s financial infrastructure with global best practices and advancing the country’s digital transformation.

SBP to Roll Out PRISM Plus Nationwide, Ushering in New Era of Digital Payments and Securities Settlement

BFSI webdesk -
The State Bank of Pakistan is launching PRISM+, a new payment and settlement system built on ISO 20022 standards. Featuring real-time gross settlement, a central securities depository, advanced liquidity tools, and enhanced transparency, PRISM+ is set to transform Pakistan’s financial infrastructure under SBP’s Vision 2028.

State Bank of Pakistan to Launch PRISM+ for Real-Time Digital Payment Modernization

FinTech webdesk -
The State Bank of Pakistan (SBP) is set to launch PRISM+ on June 16, 2025, to modernize the national digital payment ecosystem with ISO 20022 standards, advanced liquidity tools, and real-time transaction capabilities.