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Finzly Among the First to Receive Fed Certification for Fedwire ISO 20022

Fintech Finance

Finzly , the pioneering provider of modern money movement systems to financial institutions, has announced its achievement as one of the first Third-PartyService Providers (TPSP) to be certified for compliance to ISO 20022 messaging standards for Fedwire.

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Embracing An ISO 20022 Roadmap

PYMNTS

The push to adopt a messaging standard that is truly global — that would be ISO 20022 — stops at the U.S. As has been much documented, Europe has embraced the payments initiative, which expands messaging capabilities and has as its central core tenet standardized (but flexible) messaging across FX, transactions and payments rails.