Remove Payment Message Remove Remittance Data Remove Use Case
article thumbnail

The Not-So-Beaten Path To B2B Payments Real-Time Ubiquity

PYMNTS

Further, one of the largest benefits to corporates of faster and real-time payments services is less about the speed and more about the data these networks are able to carry along with a transaction. ISO 20022’s path to ubiquity could serve as a model for faster payments technologies’ own adoption journeys.

ISO 20022 117
article thumbnail

SWIFT: The Road To ISO 20022 Adoption

PYMNTS

As the world’s payment market infrastructures and their currencies complete their adoption of ISO 20022, they are reaping the benefits that interoperable and data-rich standard can offer. The format of ISO 20022 gives you structured fields, and it makes those fields mandatory in specific use cases,” he explained. “So

ISO 20022 104