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Kani Payments , the disruptive global data reconciliation and reporting pioneer, today announces it is ready to support the ISO 20022 global messagingstandard ahead of the November 2025 implementation date.
“We obviously expect that the collective set of technology and the services that we’re buying can be further exported more widely across Europe and into other markets,” he said, with the goal to create an interoperable market of payments schemes that can facilitate account to account payments, in real time, across countries.
XDC Network is ISO 20022 -compliant, aligning with the global messagingstandard. ISO 20022 is an international standard for electronic data interchange between financial institutions. It enables richer, structured, and more secure messaging for payments, clearing, and settlements.
That’s a problem card networks have solved, partly by charging interchange and acquiring fees — which creates a pool of revenue that can be used for customer protection — and partly because of the three-day window before payments clear.
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