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Month: January 2018

Canada changing payments landscape with ISO 20022

What is the ISO 20022? ISO 20022 is an international payment messaging standard that supports electronic payments. The global payments eco-system is changing drastically. The ISO 20022 standard is widely considered an essential component to modernizing the global payments infrastructure. The financial world is moving towards a unified system that will make it easier to transfer payments around the world. The ISO 20022 also allows for significantly more information, such as invoices, to travel together with electronic payments. The ISO standard enables solutions and technologies for business automation, including straight-through-processing […]
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