The payments industry is at a crossroads. It’s witnessed many shifts: from the barter system to cash, from cheques to cards, from cards to digital banking and payments. Payments are now faster, more ...

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 ...

As more financial institutions adopt ISO 20022, the goal of a common global standard for processing becomes a reality, enabling extensions of payment and remittance processing (including reporting).

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. We’ve reached out to the experts to compile answers to the ...

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 ...

DUBAI, UAE--(BUSINESS WIRE)--Sibos: C24 Technologies, a leader in financial services messaging and integration solutions, today announced the latest release of C24 Integration Objects Open Edition, a ...

ISO 20022 applies to financial messaging, not tokens. The relevant question is whether the infrastructure around a blockchain supports ISO 20022-compatible data and workflows. Supporting ISO 20022 ...

(MENAFN- Crypto Breaking) Quick summary: On 22 November 2025 the global payments network SWIFT will end support for the legacy MT message format for many cross-border payments, requiring the newer ISO ...

ISO 20022 messaging standard was developed over two decades ago by the Geneva-based International Organization for Standardization (ISO) as a universal language for financial messaging. The Society ...

Failed payments cost banks money and hinder customer satisfaction. As more banks adopt the data-rich ISO 20022 standard, the problem could ease, but the transition will be challenging. SWIFT, which ...