Remove ACH Network Remove ISOs Remove XML
article thumbnail

Clearing Up The Case For ISO 20022

PYMNTS

Though it can be traced back to 2004 and was revised as recently as 2013, the ISO 20022 framework is still a source of confusion across the payments industry. At its core, Jan Estep, President and CEO of NACHA , explained that ISO 20022 is all about creating a standardized approach to building messaging standards across financial services.

article thumbnail

The Five Numbers That Can Make Payments More Efficient

PYMNTS

Though ISO 20022 is all about creating a standardized approach to building messaging standards across financial services, it’s still a standard that can be lost among many of the businesses that need it most. Making The Case For ISO 20022.