Swift supervises the ISO 20022 standard for international payments. Most cross-border payments are already compliant with the new standard, Swift said. ISO 20022 provides a structure for payments to ...

International organizations have delayed the standard multiple times over the past few years with the latest SWIFT deadline for cross ... what will need to occur," he said. ISO 20022's technology ...

who says the bank currently accounts for about 30% of ISO 20022 cross-border payment message traffic sent over Swift. “Our systems were all enabled to natively process the new format messages, whilst ...