New Report Assesses Business Case for ISO 20022

In an effort to evaluate the business case to adopt ISO 20022 payment messages, The Federal Reserve Bank of New York, The Clearing House Payments Company LLC, Nacha – The Electronic Payments Association, and the Accredited Standards Committee X9, Inc., engaged KPMG LLP (KPMG) to conduct an independent assessment on whether or not a business case existed to adopt ISO 20022 payment messages for wire and ACH systems in the U.S. Users logged into the Nacha website can access the ISO 20022 Executive Summary Report