ISO 20022’s data-rich format can offer many benefits for banks and credit unions when it comes to payments, but its main impact will be felt as these companies adopt real-time payment methods. BHMI’s CEO, Dr. Jack Baldwin, shares his insights with Finopotamus’ Roy Urrico on the purpose of ISO 20022 and why financial services companies will need to support this standard as they link to real-time payment networks. Check out the full article at Finopotamus!
Payment Systems Facing Messaging Format Changes Under ISO 20022