Volante Technologies, the enabler of Payments as a Service, announced it has upgraded its clients to meet the latest SEPA Instant Payments Regulation (IPR) and SWIFT SRG 2025 mandate, which came into effect October 9th and November 22nd, 2025, respectively. This announcement follows the major FedISO upgrade in July, which reportedly “shifted trillions of dollars in payments to the ISO 20022 messaging format.”
SEPA IPR is a significant European milestone, “requiring payments to be made within 10 seconds and at any time of day, throughout the year.”
Adoption was mandatory and Eurozone banks “were compelled to meet strict deadlines, with January 9th, 2025 the deadline for receiving incoming instant payments and October 9th the deadline for sending outgoing instant payments.”
The deadline is said to have impacted over 700 banks across Europe, “with non-compliance penalties reaching at least 10% of annual net turnover.”
SWIFT SRG 2025 is another key update, “representing the biggest global mandate for the payments industry in more than half a century.”
SWIFT payments have historically been “processed via the legacy MT messaging format, but this year XML-based ISO 20022 MX messaging became the new global standard for the highest volume SWIFT cross-border payment messages.”
The format now reportedly offers increased global interoperability, “richer data, improved fraud detection, and operational efficiency.”
Failing to adapt is not an option: the network “no longer supports MT messages after the November 22nd deadline.”
Meeting these regulations proved a “distinct challenge for banks, due to the tight timelines involved, operational complexity, and the constraints of legacy infrastructure.”
As such, many were unprepared or left “making changes until the last minute: Volante’s Big Survey 2025 found that, as of May 2025, only 36% of Dutch banks and 39% of Belgian banks were offering SEPA Instant Payments.”
Additionally, one in seven (14%) EMEA banks “were still exploring options for SWIFT ISO 20022 compliance, only a few months before the deadline.”
As a trusted modernization partner, Volante guided European and global customers as they prepared “to meet the SEPA IPR 2025 and SWIFT SRG 2025 mandate deadlines.”
Supporting various clients across geographies, using PaaS as well as on-premise infrastructure, Volante leveraged its “ISO-native payments platform to deliver a seamless, disruption-free migration.”
Over a 48-hour ‘go-live’ weekend, all customers were “upgraded to the ISO 20022 MX format, ensuring full compliance across both mandates.”
Many banks met the SRG 2025 deadline by layering tactical fixes, “such as message translation or transformation tools, on top of legacy payment systems.”
With compliance now achieved, this is the suitable moment to “move toward ISO-native platforms to unlock the full value of ISO 20022 data.”
The wave of compliance deadlines has “yet to crest.”
In 2027, SEPA Instant Payment rules will reportedly “apply to non-Euro area member states, meaning banks in countries such as Poland and Sweden should begin preparing for instant payments now.”
Volante will continue partnering with customers to “help them adopt ISO-native, real-time capabilities and use these foundations to deliver value-added services into 2026 and beyond.”