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ISO 20022 for banks and their corporate customers

ISO 20022 for banks and their corporate customers

OpenText
Pages 15 Pages

This data sheet explains the transition to ISO 20022 and how the messaging standard enhances interoperability, data richness, and automation across global payments. It highlights key drivers such as regulatory modernization, cross-border payment efficiency, and improved compliance. Banks are guided on preparing internal systems, upgrading interfaces, coordinating with corporate clients, and ensuring data consistency to fully leverage structured payment information.

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