This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. To meet the November 2025 ISO 20022 deadline for cross-border ...

Why Does ISO 20022 Matter Right Now? Global economic harmonisation remains a central ambition for the world’s largest economies. The G20 has laid out a framework of performance targets to accelerate ...

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 ...

The coexistence period between MT and ISO 20022 message standards is coming to an end this weekend, as the Society for Worldwide Interbank Financial Telecommunication (SWIFT) 22 November deadline ...

One clear takeaway from our conversations is that every bank we spoke to is confident of meeting the November 2025 ISO 20022 migration deadline. But a bigger question still hangs in the air: what does ...

Banks and their clients around the world are at different stages of preparation for the March 2025 migration to new ISO 20022 global payment messaging standards. After years of planning and delays, ...

Failed payments cost banks money and hinder customer satisfaction. As more banks adopt the data-rich ISO 20022 standard, the problem could ease, but the transition will be challenging. SWIFT, which ...