SWIFT sunsetted the MT (Message Type) format for financial messaging on Saturday, Nov. 22. Having migrated to ISO 20022, global banks are now positioned to accelerate blockchain adoption. ISO 20022 ...

CHICAGO, July 15, 2025--(BUSINESS WIRE)--Federal Reserve Financial Services (FRFS) today announced the completed migration to the ISO 20022 message format for the Fedwire Funds Service, a major ...

MUFG Bank, Ltd., one of the largest banks in Japan, and Crédit Agricole Corporate & Investment Bank, one of the leading investment banking groups in Europe, successfully completed the first payment in ...

How to get ready for a big but challenging upgrade to a crucial standard for cross-border payments. Cross-border payments are set to be transformed by the upcoming introduction of ISO 20022. This new ...

Any TMS morning starts with updating and reconciling the cash positions across accounts by a daily upload of electronic bank statements (MT 940, 942..). This financial reconciliation focuses on ...

Canada’s so-called high-value payment system, Lynx, has reportedly reached a key milestone, completely transitioning to the ISO 20022 financial message standard (MX messages), marking a step forward ...

Banks are coming under competitive pressure to move to the new universal financial messaging standard ISO 20022 as the overall shift in the payment industry to instant payments means that existing ...

NEW YORK--(BUSINESS WIRE)--Following a lengthy pilot program testing new ISO 20022 corporate actions announcement messages, The Depository Trust & Clearing Corporation (DTCC) has announced that the ...

ISO 20022 is a global standard for financial messaging created by the International Organization for Standardization (ISO). It defines a universal language and data model for payments and other ...