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The move comes as part of its offering to simplify reconciliation and enhance data standardisation for its globalpayments client base. ISO 20022 is the global messaging standard for financial messages, designed to enable interoperability between financial institutions and other market players.
The globalpayments ecosystem’s path to faster and real-time payments ubiquity is an evolution, not a revolution. Among corporates, there is an increasing demand that their globalpayment activity is able to keep up with the pace of doing business. The Community Approach to Ubiquity.
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