Richer, structured data enabled by ISO 20022 lays the ground for expanded innovation across the international financial ecosystem – boosting operational efficiency and compliance, deepening customer ...
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. The final switch happened on 22 November, with the end of coexistence ...
The main reason to switch is that ISO 20022 payments messages carry much richer information than the redundant SWIFT MT messages and other legacy formats commonly used today. Also, the information in ...
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