Remove ACH Remove ACH Network Remove XML
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The Five Numbers That Can Make Payments More Efficient

PYMNTS

The financial institutions, which are responsible for interpreting how to map an ISO message to an ACH file on behalf of their clients (corporates), are working with NACHA to help with standardizing the way the mapping happens. When these corporates are ready, the Network is ready,” Throckmorton said. “If Making The Case For ISO 20022.

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Clearing Up The Case For ISO 20022

PYMNTS

ISO 20022 is also sometimes related to the programming language XML, but those two are also not one and the same. Another big confusion point for ISO 20022 is its application to ACH – and now Same Day ACH. Estep makes it clear that the concept of Same Day ACH needs to be separated from ISO.