Remove Consulting Remove ISO 20022 Remove Real Time Gross Settlement (RTGS)
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Bank Of England Pulls Payment Schemes Onto Same Page With ISO 20022

PYMNTS

.’s payments messaging operations through the planned adoption of the ISO 20022 messaging standard, the bank announced Wednesday (June 6). The CCM was developed to align with payment systems across borders that have adopted the ISO 20022 messaging standard.

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The payments regulation roadmap: Q2 2025

The Payments Association

Immediate focus areas include fraud prevention, ISO 20022 readiness, and stablecoin regulationbut longer-term success depends on active engagement with consultations, operational resilience, and global alignment. ISO 20022 also unlocks improvements in fraud detection, regulatory reporting, and data analytics.