Swift Works on Harmonizing ISO 20022 Adoption
Global firms push for consistency throughout world markets
Messaging standards industry cooperative Swift is now focusing on harmonizing adoption of the ISO 20022 messaging standard, says Malene McMahon, senior business manager at Swift.
The need for harmonization has emerged because Swift had allowed flexibility for adoption of ISO 20022 throughout multiple infrastructures in different communities, nations and markets, adds McMahon.
"We are reaching a global tipping point," she says. "We have very large clients who have to interface with
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