Banks globally are in the process of complying with the ISO 20022 deadlines primarily because, after forty years, SWIFT MT is beginning to show its a…
Read moreThe fundamental reason to switch to ISO 20022 is the rich data. ISO 20022 messages carry much richer information than the redundant SWIFT MT message…
Read moreRelationship Management Application (RMA) is a service provided by SWIFT to help manage the business relationships between financial institutions. …
Read moreSWIFT’s annual MT Standards release ensures that the message types (MTs) exchanged by SWIFT users remain suitable for the business areas in which the…
Read moreFirst introduced in 2017, SWIFT gpi has grown rapidly. With over 3900 members and transferred nearly USD77 trillion cross-border payments in 2019. Th…
Read moreWith about 200 initiatives around the world that have either implemented or are planning to implement, ISO 20022 across payments, cash management, se…
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