BRUSSELS-Swift will next month introduce funds messages and credit transfer translation rules designed to help users implement the industry standard ISO 20022. The release follows the introduction of ...
The use of data-rich messaging through the ISO 20022 standard has been at the core of nearly every Federal Reserve discussion about faster payments, as well as Swift's plans for its member banks. As ...
The Federal Reserve Banks put the brakes on their planned migration of the ISO 20022 messaging standard, delaying a three-phased migration established in 2017 that targeted November 2020 as the start ...
The time has come to examine exactly how adoption of the ISO 20022 messaging standard will happen. To make the process as smooth as possible, banks need to understand the scope of changes required, ...
As arguably the biggest standards project in the payments space since the introduction of Swift FIN MT messages in the late 1970s, there has been a lot riding on the successful introduction of the new ...
Chainlink announced today at SIBOS 2025 a technological solution that will give financial institutions worldwide control over digital asset operations using SWIFT messaging. Swift messages, CRE, and ...
ISO 20022 standardizes how financial data is exchanged; it does not certify cryptocurrencies. Ripple and Stellar are technically aligned with ISO 20022 but not officially certified. True value lies in ...
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 ...