ISO 20022: The common link in payments transformation
Boosted and driven by the SWIFT CBPR+ initiative that will affect the global cross-border payment exchanges, ISO 20022 is also impacting many other payment infrastructures globally, from domestic RTGS to Instant Payment schemes. The different ISO 20022 adoption pace across these infrastructures, which vary by nature, and the different ISO dialects that will be used, both create a fragmented landscape where successfully managing interoperability and country specific requirements will be key.
Accelerate You ISO 20022 Strategy Today
Key challenges include:
- System adaptions
- Operational projects
- Ensuring existing operational efficiency during implementation
- Scaling to ISO Native across entire payments ecosystem
- Building new rails
- Leveraging ISO for additional revenue streams
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