It is predicted that by 2025, ISO 20022 will handle 80% of transaction volumes and 87% of transaction value globally. In Europe, the adoption deadline was extended to November 2022. ISO stated that ...

ISO 20022 has the potential to bring considerable benefits to regulators and regulated institutions, although the integration challenge should not be underestimated. As more financial institutions ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The Clearing House had initially planned to move over to ISO ...

Chainlink announced today at SIBOS 2025 a technological solution that will give financial institutions worldwide control over digital asset operations using SWIFT messaging. Swift messages, CRE, and ...

The world's largest payment systems are updating the messaging that accompanies transactions, putting pressure on banks to decide how to update their processing systems. "It's a global language for ...

Adopting the new global standard for payments is more important than ever, according to an update from Swift. As the financial industry moves closer to the CBPR+ November 2025 deadline, Swift has ...

The adoption of ISO 20022 creates significant opportunities for banks. It will enable rich customer experiences, make compliance more efficient, and allow banks to future-proof their business and keep ...

This week, Finzly, a provider of modern payment infrastructure for financial institutions, announced that its customers are ISO 20022-ready on FX STAR, the company’s foreign exchange and cross-border ...

The ISO 20022 standard enables payment messages to include more detailed information organized in a manner that is consistent for all participants. ISO 20022 has been in the works for nearly a decade ...

What is ISO 20022, and why does it matter? ISO 20022 is a global standard that defines how financial institutions exchange information for transactions such as payments, securities and remittances. It ...