“ISO 20022 enables the transmission of enriched and structured ... “The standard is designed with a highly flexible and extensible data model, which allows it to adapt to new requirements,” he adds.

Introduction to ISO 20022 ISO 20022, also referred to as MX format, is a global messaging standard by SWIFT that enables more structured and rich data to be shared between financial institutions and ...

The increasing integration of corporate-to-bank payment flows ensured the benefits of ISO 20022 “extended deeper across the payments ecosystem, bringing enriched data and enhanced ...