ISO 20022 promises smarter payments, faster reconciliation and better data. In the final part of Euromoney’s Countdown to ISO ...

The enriched data format of ISO 20022 allows for improved straight-through processing (STP), better regulatory compliance, ...

"In the end, there will be less complexity to manage overall, everyone will be using the same data structure," Lindsay said. Projects that are designed to make real-time processing interoperational ...

ISO 20022 dates back to 2004 and is an attempt to expand and unify the data that is included with financial transactions ... with international reach and supported by real-time payment processing.

This resource breaks down how ISO 20022 improves efficiency, elevates data quality ... how the standard enables straight-through processing, minimizing the need for manual intervention that ...