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 ...

The current cross-border payments landscape is faced with the problem of lack of interoperability and integration between different clearing systems. To address the issue, standardization in the ...

The financial services industry has seen ISO 20022 grow steadily over the last 15 years. What began as a small pocket of countries tackling migration has now become widespread adoption for domestic ...

ISO 20022 is not exactly a new payment messaging standard, but its implementation nonetheless represents a watershed moment for the financial services industry. SWIFT is phasing in ISO 20022 as the ...

Citing a need to better serve its customers in the future and also boost the image of the XRP cryptocurrency, Ripple announced this week it was joining the ISO 20022 standardization committee.

Cross-border payments are entering an exciting new era with the global introduction of the data-rich ISO 20022 standard. To find out what outcomes banks and customers can look forward to, Swift's ...

The new global messaging standard for payments systems is generally agreed to be a good thing for the banking industry – the Bank of England’s consultation on the plans showed respondents were ...

Payments Canada is supporting a transformative shift in the financial landscape with the adoption of ISO 20022, an international messaging standard poised to enhance payment processing across the ...

How to get ready for a big but challenging upgrade to a crucial standard for cross-border payments. Cross-border payments are set to be transformed by the upcoming introduction of ISO 20022. This new ...

Adopting the new global standard for payments is more important than ever, according to an update from Swift. As the financial industry moves closer to the CBPR+ November 2025 deadline, Swift has ...

The Securities Financing Transactions Regulation (SFTR) go live date in July last year marked the first time an EU transaction reporting regulation went live with only the format available for ...