Message Standards Payment Message XML 
PYMNTS
MARCH 21, 2017
But, according to Nordea, obstacles remain for ISO 20022 to take off as a payments messaging standard and provide corporates the efficiency they need. Further, not all internal banking and corporate systems can support the XML format that has gained traction in promoting ISO 20022 standardization.
PYMNTS
JULY 28, 2016
This “standard for standards” is designed to set the tone for a global financial industry message scheme, but unfortunately it is often misunderstood. The standard isn’t related to any one organization or segment, it was created by the International Organization for Standardization for many global transactions. .
Expert insights. Personalized for you.
77 
Let's personalize your content