Alliance members and guests will meet October 11-13 for our fall member meeting! More details will be provided soon.

MEETING DETAILS

Registration
Registration will open in early June 2023

To access presentations from this meeting, please visit the Member Resource Center. Be sure you are logged in.

During a town hall at Smarter Faster Payments 2022, Federal Reserve representatives shared developments including a rethinking of some of the ways the Fed operates.

The ISO 20022 Project Team developed the ISO 20022: A Global Messaging Standard, an educational resource to help financial institutions and companies understand the capabilities, timelines and functionality of various ISO 20022 enhancements. 

The report provides clarity and dispel some of the myths surrounding ISO 20022 for payments, to illustrate the benefits and challenges of converting current Nacha formats to ISO 20022 messages for U.S. Network transactions, and to offer guidance for interim steps to integrate the Nacha formats with the ISO 20022 message standard.