Federico
Sun Jun 23 2024
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5 answers
962
Has ISO 20022 gone live?
The question on everyone's lips in the world of financial technology is, "Has ISO 20022 gone live?" This query holds significant weight in the cryptocurrency and finance industry as ISO 20022, a universal financial messaging standard, promises to revolutionize the way banks, financial institutions, and other entities communicate. If implemented successfully, it could pave the way for faster, more secure, and more efficient transactions, potentially disrupting traditional payment systems. However, the rollout of such a vast undertaking is fraught with challenges, and thus, many in the industry are eagerly awaiting confirmation of its official launch. The anticipation is palpable, and the potential impact of ISO 20022 cannot be overstated.
