Correspondent Bank Message Standards Research 
Finextra
JUNE 27, 2025
Soon, ISO 20022, a messaging standard designed to improve how payments are processed and communicated, will become the global norm. ISO 20022 was introduced in 2004 and has since been part of a long and complex journey to improve international payment messaging. The benefits are far-reaching.
PYMNTS
AUGUST 16, 2019
Recent American Express research found that greater transparency is one of the top priorities for firms that regularly make international payments. More than 110 banks from Europe, Asia Pacific, Africa and the Americas are part of the SWIFT gpi, which has been in a pilot stage. A Call for Transparency. and Australia’s NPP. innovations.
PYMNTS
AUGUST 1, 2019
More recently, SWIFT also announced new guidelines for financial institutions to adopt the ISO 20022 payments messaging standard, a way to streamline communication and transmission of data between service providers to facilitate cross-border transactions in a more efficient manner. Across the pond, meanwhile, the U.S.’s
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