Fedwire’s ISO 20022 Migration Delayed By Federal Reserve Bank
PYMNTS
SEPTEMBER 23, 2019
The phase 1 implementation of the ISO 20022 migration strategy that was scheduled for November 2020 is being postponed by the Federal Reserve Bank, the U.S. The assessment by the Fed will incorporate dialogue from users of the Fedwire Funds Service and The Clearing House Payments Company , which runs the CHIPS funds-transfer system.
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