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ISO 20022: Why treasurers may need to get coding
If Twitter found that a 140-character limit was not enough, why are payment messages still confined to that number? Deutsche Bank thinks it’s time to use the 15-year old ISO20022 message format, but the road to universal adoption won’t be easy
At CT Week, during a workshop promoting Swift’s gpi – a binding commitment among Swift banks to faster processing times (payments will also need to have a tracker) – there was a muted response to its corporate membership plan.
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