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The ISO 20022 Countdown Begins: How Should You Prepare?

Blog: OpenText

ISO 20022 is one of the hottest topics in the financial industry but what is it, what are the benefits and challenges, and how should you take action?  Understanding ISO 20022  In the absence of a global financial messaging standard, it seems as if everyone has developed their own unique message type to transmit payment information. As more message types invade the marketplace, the need for a widely used, financial messaging standard has become apparent.   To minimize the challenges associated with high …

The post The ISO 20022 Countdown Begins: How Should You Prepare? appeared first on OpenText Blogs.

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