The world of institutional global wire transfers and cryptos have long stood at odds with one another. The advent of cryptocurrency threatens to unseat international money wiring as a centralized ...

ISO 20022 is now imminent, with a go-live in just ten days. Are you ready for this essential transformational change? After the delayed November 2022 launch date for ISO 20022, the new date of this ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. ISO 20022, developed by the International Organization for Standardization (ISO), is the ...

MANILA – All retail payment systems are now required to adopt the global standard ISO 20022 for a more efficient and seamless process for domestic and cross-border retail payments, based on a circular ...

The ISO 20022 standard enables payment messages to include more detailed information organized in a manner that is consistent for all participants. ISO 20022 has been in the works for nearly a decade ...

The coexistence period between MT and ISO 20022 message standards is coming to an end this weekend, as the Society for Worldwide Interbank Financial Telecommunication (SWIFT) 22 November deadline ...

ISO 20022 has become the universal standard for financial messaging. Blockchain interoperability is one of the biggest draws of the new standard. In a financial system built around ISO 20022, not all ...

ANNAPOLIS, Md.--(BUSINESS WIRE)--The Accredited Standards Committee X9 Inc. (X9) today announced the formation of the U.S. ISO 20022 Market Practice Industry Forum, which will work to research and ...

It is predicted that by 2025, ISO 20022 will handle 80% of transaction volumes and 87% of transaction value globally. In Europe, the adoption deadline was extended to November 2022. ISO stated that ...