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ISO 20022: are we ready for new standards and systems?
The new payment system promises much, but what will it deliver? With the US Federal Reserve already needing more time, what does ISO 20022 mean for corporates?
The US Federal Reserve last month signalled an intention to delay the implementation of the International Organisation for Standardisation’s 20022 message format for the Fedwire Funds Service, to sometime in the first quarter of 2025.
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