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 standardizes how financial data is exchanged; it does not certify cryptocurrencies. Ripple and Stellar are ...

ISO 20022 has become the universal standard for financial messaging. Blockchain interoperability is one of the biggest draws ...

As technology advances for business-to-business or cross-border transactions, the accompanying messaging standard must evolve at the same rapid pace. Thus, the call for common standards continues to ...

Many MT messages will continue into 2026. The migration to ISO 20022 is ongoing, and banks must now focus on structured ...

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 ...

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 ...

Canada’s high-value payment system, Lynx, has reached a key milestone, completely transitioning to the ISO 20022 financial message standard.