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ISO 20022 migration pushed back to July 14

Bank Automation

The Federal Reservehas rescheduled the Fedwire Funds Services adoption of the ISO 20022 message format to July 14, 2025. The transition to ISO 20022, a global standard for financial messaging, is expected to […] The post ISO 20022 migration pushed back to July 14 appeared first on Bank Automation News.

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BIS CPMI Takes Further Steps to Promote ISO 20022 Harmonisation for Enhanced Cross-Border Payments

Fintech Finance

The BIS Committee on Payments and Market Infrastructures (CPMI) announced further steps to promote the adoption of its harmonised ISO 20022 data requirements for more efficient processing of cross-border payments. The data requirements were published in a report to the G20 in October 2023.

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Praxis Tech Achieves ISO 27001 Certification for Information Security

Fintech Finance

Praxis Tech , a leading Payment Orchestration Platform, today announces that it has achieved the ISO/IEC 27001:2022 certification, the leading global standard for Information Security Management Systems (ISMS). The post Praxis Tech Achieves ISO 27001 Certification for Information Security appeared first on FF News | Fintech Finance.

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FloQast Achieves ISO 42001 Certification, Setting the Standard for Ethical AI in Accounting

FloQast

Thats why were proud to announce that FloQast has achieved ISO 42001 certification, the globally recognized standard for ethical and responsible AI solution development. What is ISO 42001, and Why Does It Matter? The Path to ISO 42001 Certification Earning this certification wasnt easyand thats exactly the point.

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PayFac vs. ISO: What Is the Optimal Integrated Payment Strategy in SaaS?

Our comprehensive article delves into the merits and challenges of Payment Facilitators (PayFac) versus Independent Sales Organization (ISO) registration. Understand the nuances of speedy onboarding with PayFacs and the enterprise value advantages of ISOs. Delve deeper into issues of scalability, compliance, and setup.

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Not another ISO 20022 piece?

The Payments Association

The move to ISO 20022 brings benefits like enriched data and improved fraud prevention, requiring a strategic approach and decisions between building in-house solutions or partnering with vendors. Read more

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Why financial institutions should embrace ISO 20022

Payments Dive

Adopting ISO 20022 payment standards can help U.S. banks and credit unions unlock richer data and stay competitive in the global financial marketplace.

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A SaaS Executive’s Guide to ISO Types and Registration

This is where registering as an Independent Sales Organization (ISO) can give your SaaS company an edge. While it offers more flexibility, taking on the responsibility of an ISO requires careful consideration, planning, and execution.