NS Solutions Co., Ltd. (Tokyo Stock Exchange: 2327; President & CEO Kazuhiko Tamaoki; hereinafter “NSSOL”) announced that CrossMeetz (Note1), its foreign exchange online banking service, and had begun full-scale operation for Sony Bank Inc.’s (President and CEO, Representative Director: Keiji Minami; hereinafter “Sony Bank”) personal overseas remittance services, starting in October 2025.
CrossMeetz provides end-to-end processing from receipt of customer remittance requests to generating and dispatch of settlement messages (STP), ISO 20022-compliant (Note2) service standards, and flexible integration with in-house applications, enabling efficient overseas remittance operations at financial institutions.
Background
Financial institutions conduct extensive checks to ensure compliance for overseas remittance operations, including adherence to internal policies, foreign exchange and other regulations, as well as KYC (Know Your Customer) and AML (Anti-Money Laundering) measures. In addition, Swift member institutions are required to be ISO20022-compliant by November 2025, and post-regulatory-change workload is expected to increase.
Meanwhile, there is increasing global demand for faster remittance processing. In particular, personal overseas remittances have seen a surge in cases where payments are made to domestic residents from overseas companies, making further automation and efficiency in remittance operations essential.
Sony Bank had been using Swift Alliance Lite2 (hereinafter “Lite2”), an interface solution for Swift, and there was also a need to ensure the continuity of Swift-based operations, reduce the operational workload of the Swift environment, and improve convenience.
CrossMeetz has been adopted for Sony Bank's international remittance operations to enable ISO 20022 compatibility and STP processing including Swift.
System Overview
CrossMeetz Features
1. STP for Overseas Remittance Operations
CrossMeetz handles end-to-end processing—from receipt of overseas remittance requests, status management of remittance requests, generation of settlement Swift messages, to dispatch to Swift Net—within a single platform. After remittances are approved by the bank, CrossMeetz automatically generates settlement messages and sends to Swift. By automating process flows, this STP implementation reduces manual work, eliminates rework, and lowers operational risk.
2. Balancing Standard Service Functions with Customizations
SaaS platforms typically face challenges in providing customer-specific functions. CrossMeetz, however, delivers service-standard functionality while flexibly integrating with in-house applications. In addition to real-time integrations such as API-based SSO linkage with core banking systems and transaction updates, it also supports batch data exchanges via file-based methods to ensure seamless, cross-system workflows.
3. Leveraging Swift APIs
CrossMeetz integrates Swift APIs to avoid file-based transfers and manual screen operations in on-premises environments, enabling real-time result feedback and consolidated handling of Swift-related tasks. The following Swift APIs are included:
- Payment Pre-validation API: checks the consistency of remittance information
- Swift Messaging API: send/receive messages with Alliance Cloud
- GPI APIs: access to Global Payment Innovation / Universal Confirmation Tracker
4. Connection to Swift
Through Swift Business Connect (Note3), financial institutions can exchange messages without maintaining their own Swift Interface environment. Sony Bank migrated Swift Interface from a Swift Alliance Lite2 to using Swift Alliance Cloud via CrossMeetz.
5. ISO 20022 Compliance
The system supports ISO 20022-compliant remittance UI, generation of settlement messages, and generation of new return/return-notification messages, enabling ISO 20022-aligned overseas remittance operations.
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