
Citi to begin ISO 20022 payments system migration with VolPay
The new standard for payments messaging, expected to go live in 2022, is seen allowing corporate treasurers to switch banks for better service and also making it easier for them to use fintech-based services.

Citigroup is moving to adopt the ISO 20022 messaging standard across its global payments operations by extending its collaboration with cloud-based services company Volante Technologies.
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