Fed Acknowledges Roadblocks In ISO 20022 Push
PYMNTS
JUNE 20, 2016
The Federal Reserve is pushing for adoption of the ISO 20022 global payments messaging standard, a move industry analysts say could streamline B2B payments, especially cross-border. Swendseid said she is confident that, once wire payments move to the ISO 20022 standard, ACH payments will soon follow.
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