You know how annoying it is when you go to another country and discover you can’t plug anything in because the electric outlets are different?
The Business Payments Coalition and Accredited Standards Committee X9 are creating a new reference directory listing U.S. banks and service providers that offer payment and cash management products and/or implementation services related to ISO 20022.
ISO 20022 enables greater automation and straight-through processing, while reducing payments exceptions and risk. Nacha is leading efforts to promote ISO 20022 integration in the U.S. and helping stakeholders understand the benefits and implications for our industry.
Paper explores the ISO 20022 landscape while combating myths about the global standard as it relates to payments
Designed to Help Financial Institutions and Other ACH Network Users Understand the Standard’s Implications for the Payments Industry