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 ...

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 ...

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 ...

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 ...

International payment systems will have to migrate to the ISO 20022 standard of the International Organization for Standardization (ISO) in interbank payments by November 22, when the co-existence ...

A global standard for financial data interchange. ISO 20022 can be used for every type of financial business transaction. ISO 20022 is touted to speed up transactions as well as reduce compliance risk ...