SWIFT: making real world change

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We live in an era of rapid change and disruption. Times of change are uncertain, but they also present great opportunities. SWIFT, like the industry, is also changing, opening up new chapters in real-time payments, financial crime compliance, cloud and smart data services. Here we will present practical real-world thinking on the issues that will map the future of global financial technology and operations.

Discover how we are making real world change for the financial industry through:

Speed and efficiency

Technology is synonymous with speed. People assume systems will become more efficient and automated, even as they become more complex and sophisticated. But how can you make real-time systems really work?

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Security and resilience

Users demand greater speed, but not at the expense of reliability. Financial criminals are always looking for loop-holes, and faster processes can mean less time for checks and screening. So how can transactions be made faster but not riskier?

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Open access

The global digitalisation of banking is high on the agenda. At SWIFT, we enable open standards such as ISO 20022 that help the world to work as one and allows systems to work in harmony.

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Reducing costs

As technology drives speed and efficiency it lowers costs. For example, in recent years SWIFT has halved the price of global payment messaging. What transformative technologies can reduce total cost of ownership for the whole industry?

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Regulation and compliance

Financial crime compliance is crucial, especially when operating at scale and trying to meet the complex requirements of different national regulators. How can community collaboration help to combat financial crime?

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Global growth and inclusion

Different countries have differing access to technology and financial services. One of our key objectives at SWIFT is to bring the benefits of our global resiliency, reach and infrastructure expertise to the service of local Communities.

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Article
11 April 2016

New payments data quality service to support FATF-16

Collaborative initiative expands SWIFT’s financial crime compliance portfolio to support new FATF Recommendation 16 requirements for wire transfers.

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Article
6 April 2016

SWIFT names finalists for the 2016 SWIFT Institute Challenge

Seven UK-based university student teams have been selected to compete for a 15k GBP prize at SWIFT’s Business Forum London event.

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Article
5 April 2016

SWIFT kicks off pilot for global payments innovation initiative

21 banks piloting SWIFT’s new initiative to improve cross-border payments.

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Article SWIFT offers secure financial messaging services to China
25 March 2015

SWIFT offers secure financial messaging services to China

SWIFT and CIPS sign memorandum of understanding on cross-border interbank payment system cooperation.

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Video Reserve Bank of India on the go live of SWIFT India
23 March 2016

Reserve Bank of India on the go live of SWIFT India

Shri Chandan Sinha, Executive Director of the Reserve Bank of India comments on the go live of SWIFT India.

Video Trends & Developments in Real-Time Payment Systems in APAC
19 March 2016

Trends & Developments in Real-Time Payment Systems in APAC

See the real-time panel at the SWIFT Business Forum Malaysia featuring a presentation on the new payments platform in Australia.

Video What's next for Africa?
16 March 2016

What's next for Africa?

Alain Raes, SWIFT's chief executive for EMEA & APAC on the themes at the African Regional Conference.

Paper
7 March 2016

SWIFT and the Canadian Payments Association examine Canada’s adoption of ISO 20022

New paper from SWIFT and the CPA highlights the importance of renewed messaging standards for Extended Remittance Information in the region.

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Paper
3 March 2016

ASEAN Exchanges set a new precedent for capital markets integration

New research from the SWIFT Institute highlights the ongoing development and collaboration among the ASEAN Exchanges.

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Article
3 March 2016

SWIFT India goes live

The community comes together to celebrate at the go-live ceremony.

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Article
22 February 2016

Innotribe launches its Startup Challenge for Latin America

The SWIFT Innotribe Startup Challenge is travelling to Latin America for the first time.

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Paper
17 February 2016

Re-shaping the regulatory landscape through big data analytics

New research from the SWIFT Institute discusses how global financial institutions are using data analytics to better manage regulatory requirements.

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Video Views from Sibos: Paula Roels, Deutsche Bank
28 January 2016

Views from Sibos: Paula Roels, Deutsche Bank

An interview with Paula Roels on correspondent banking and the need for standards.

Video Views from Sibos: Susan Bray, APCA
28 January 2016

Views from Sibos: Susan Bray, APCA

An interview with Susan Bray on real-time payments and the New Payments Platform Australia (NPPA).

Article
21 January 2016

45 banks sign up to SWIFT’s global payments innovation initiative

Major banks around the world take action to dramatically improve cross-border payments.

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Article
21 January 2016

We’re all in this together

Digital innovation can transform credit provision – but only if solution providers collaborate to embrace real-world change.

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Article
6 January 2016

FinTech: Gearing up for the future of payments

Banks team up with FinTech partners to meet the digital challenge.

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Video Correspondent banking: the next generation
4 January 2016

Correspondent banking: the next generation

The final video in this series from the Banker discusses the global payments innovation initiative announced by SWIFT.

Video Investigating new technologies
4 January 2016

Investigating new technologies

Video 3 in this series from the Banker discussing the impact of real-time payments and the blockchain.

Video Correspondent banking - ripe for disruption?
4 January 2016

Correspondent banking - ripe for disruption?

Video 2 in this series from the Banker featuring Deutsche Bank's Christian Westerhaus.

Video A new era for correspondent banking
4 January 2016

A new era for correspondent banking

Video 1 in this series from the Banker focuses on the challenges in correspondent banking.

Video Views from Sibos: Mark Buitenhek, ING
28 December 2015

Views from Sibos: Mark Buitenhek, ING

An interview with Mark Buitenhek on SWIFT's KYC Registry.

Article
23 December 2015

Adapting to Change

Dominic Broom, Head of Treasury Services EMEA, BNY Mellon on the transforming world of payments.

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Video Views from Sibos: Jyi Chen Chueh, Standard Chartered
18 December 2015

Views from Sibos: Jyi Chen Chueh, Standard Chartered

An interview with Jyi Chen Chueh on the importance of standards.

Article
17 December 2015

New open ledger project to advance blockchain technology

SWIFT joins Linux Foundation distributed ledger initiative with 19+ leading global firms.

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Article
15 December 2015

Startup Challenge returns to Africa

For the second year, SWIFT will host the Innotribe Startup Challenge at the Africa Regional Conference.

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Video Views from Sibos: Craig Tillotson, Faster Payments Scheme
12 December 2015

Views from Sibos: Craig Tillotson, Faster Payments Scheme

An interview with Craig Tillotson on real-time payments and the role SWIFT might play in the future.

Article
9 December 2015

KYC Registry growth in LatAm

More than 100 Latin American institutions have adopted SWIFT’s KYC Registry.

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Article
7 December 2015

SWIFT takes innovation initiative to the next level

SWIFT Innotribe programme expanded to address market challenges and emerging regions.

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Article
23 November 2015

Citi leads the charge in India

Citi India is the first to enable SWIFT as a channel for India’s corporate treasurers.

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Paper
23 November 2015

New regulations for third party payment services remain unclear

Research from SWIFT Institute into regulatory challenges for third party payment providers.

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Paper
12 November 2015

New research on real-time

New paper from the SWIFT Institute evaluates real-time payment systems.

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Video SWIFT CEO on FinTech and challenges for banks
9 November 2015

SWIFT CEO on FinTech and challenges for banks

Gottfried Leibbrandt interviewed by BBA/ITN Productions about the challenges affecting the financial community.

Article How fast is too fast?
6 November 2015

How fast is too fast?

The buzz at this year’s Sibos was centred on real-time payments.

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Video Innotribe at Sibos: Future of Money
2 November 2015

Innotribe at Sibos: Future of Money

View the popular session from Sibos 2015: 'The Future of Money - a Burning Platform'.

Video Sibos Panel on Reinventing Correspondent Banking
2 November 2015

Sibos Panel on Reinventing Correspondent Banking

See the full hour's recording of the panel debate at Sibos Singapore 2015.

Video Rejuvenating Correspondent Banking
2 November 2015

Rejuvenating Correspondent Banking

Short video from Sibos 2015 panel on the future of correspondent banking.

Paper
1 November 2015

Collaborate to Innovate

New IDC paper on how the financial industry should approach digital transformation.

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Article
28 October 2015

SWIFT helps build a world-class Central Clearing Counterparty in Latin America

Chile's new CCP ComDer clears 50% of the country's OTC FX derivatives using SWIFT.

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Video British Banking Association profiles SWIFT's innovative work
27 October 2015

British Banking Association profiles SWIFT's innovative work

Find out how SWIFT delivers real world change to address the challenges of regulation and innovation.

Article
21 October 2015

Correspondent Banking at a Crossroads

Standard Chartered's Madhavan Ramaswamy on how correspondent banking players need to revisit their business model.

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Video Internet of Things and Banks' Core Platforms
16 October 2015

Internet of Things and Banks' Core Platforms

See this great session from Sibos 2015 featuring CIOs and CTOs from ANZ, BAML, UBS and Standard Chartered.

Article
15 October 2015

Banco Santander signs up for KYC Registry

With Banco Santander on board, SWIFT’s KYC Registry continues to gain momentum among correspondent banks.

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Article
14 October 2015

BTMU registers for Compliance Analytics

To further enhance its financial crime compliance programme, Bank of Tokyo-Mitsubishi UFJ, Ltd. registers for powerful data analytics tool from SWIFT.

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Article And the winner is…
14 October 2015

And the winner is…

Hyperledger wins the 2015 Innotribe Startup Challenge at Sibos Singapore. This year’s winner is a distributed ledger platform tailored for regulated financial institutions.

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Article
13 October 2015

Data challenges made easier

Watch Banking Analytics Premium is a new analytics service that provides customers with a deeper analysis of their payments and trade finance traffic over SWIFT.

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Article
13 October 2015

Entity Plus directory for regulatory reporting on counterparty transactions

A new SWIFTRef directory identifies entities and cross-references key identifiers to help organisations with their entity data management processes.

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Article
12 October 2015

Citi helps clients reduce implementation risk and costs with MyStandards

As an early adopter of SWIFT's MyStandards and Readiness Portal, Citi is helping its clients go to market faster with streamlined testing.

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Paper
12 October 2015

China’s FinTech players to influence the world?

With financial intsitutions under pressure to keep up with new initiatives and evolve, it seems China's FinTech giants have emerged as formidable disruptors.

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Article
12 October 2015

On track for 57% price reduction by the end of 2015

In its new five year plan, SWIFT aims to cut messaging prices by an additional 30-45% by the end of 2020.

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Article
12 October 2015

SWIFT's financial crime compliance portfolio continues to expand

SWIFT continues its community-inspired approach expanding its financial crime compliance services portfolio with two new services coming in 2016.

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Article
8 October 2015

Industry agrees to global guidelines for intraday liquidity reporting

The Payments Market Practice Group endorses the use of SWIFT messages for intraday liquidity reporting as required by the Basel Committee on Banking Supervision (BCBS).

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Article
6 October 2015

Chinese Yuan becomes #4 as an international payments currency

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Article
1 October 2015

Automation in the corporate actions space

Postive trends in corporate action automation and standardisation captured in recent survey conducted by SWIFT and CityIQ.

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Article
28 September 2015

Caribbean Association of Banks endorses KYC Registry

Caribbean Association of Banks (CAB) is latest in growing list of associations and central banks endorsing the value of SWIFT's KYC Registry.

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Article
21 September 2015

GlobalTrade Corporation gears up with single, cost-effective solution

GlobalTrade Corporation becomes the first trade finance technology provider to use SWIFT's Alliance Lite2 for Business Applications.

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Paper
21 September 2015

New paper on securities transactions and custody chains

Coventry University publish a new paper on transparency in both securities transactions and custody chains.

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Article
21 September 2015

Treasury management in Asia: where next?

Even though treasury management in Asia has matured in recent decades, banks or corporates are thinking about their next steps.

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Article
15 September 2015

KYC Registry exceeds 1,125 institutions

With now more than 1,125 financial institutions signed up, SWIFT’s KYC Registry continues to gain momentum worldwide.

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Article Do assumptions about T2S Intraday liquidity add up?
8 September 2015

Do assumptions about T2S Intraday liquidity add up?

Philippe Ruault, Head of solutions for custody, clearing and settlement, BNP Paribas, takes an in-depth look at intraday liquidity on T2S.

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Paper
8 September 2015

A new hybrid model for real-time systems

Research paper from the SWIFT Institute proposes a new hybrid model for real-time payment systems.

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Testimonial
7 September 2015

The road to disruption

In the run-up to Sibos, Piyush Gupta, CEO DBS shares his experience on how to turn challenge into opportunity.

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Article
3 September 2015

A Corporate Evolution

SWIFT is aiming to become the preferred secure network for multi-banked corporates globally. Read the insights of the key figures involved.

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Article Big Boom for Renminbi cross-border payments
1 September 2015

Big Boom for Renminbi cross-border payments

A double-digit growth for cross border payments in several major markets in Asia with China and Hong Kong, shows RMB is on the rise.

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Article
1 September 2015

Japan to follow in Australia’s footsteps?

With the Zengin System in need of an overhaul, Japan is looking at Australia’s innovative New Payments Platform (NPPA).

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Article
27 August 2015

Itaú BBA joins the KYC Registry

One of Latin America's largest financial services firms has now joined the KYC Registry.

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Video Key Compliance Challenges
26 August 2015

Innotribe Start-up Challenge

Hear from Mike Sigal, Head Coach in the Innotribe Start-Up Challenge explaining the competition.

Article
4 August 2015

KYC Registry wins major awards

The KYC Registry is awarded “Project of the Year” and “Compliance Project of the Year” by The Banker.

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Article All eyes on Africa
31 July 2015

All eyes on Africa

After Asia, all eyes are now on Africa’s economic potential. How will African countries manage future growth?

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Article South-Africa and China: a budding payments romance?
29 July 2015

South-Africa and China: a budding payments romance?

The Chinese RMB currency now accounts for more than 30% of payments between South Africa and Greater China.

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Article
20 July 2015

First Vietnamese bank to join the KYC Registry

Vietnam Bank for Agriculture and Rural Development joins SWIFT's KYC Registry.

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Article
15 July 2015

Innotribe and the future of FinTech

Co-founder Peter Vander Auwera answers all our questions on Innotribe@Sibos and the future of banking.

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Paper
14 July 2015

Bitcoin mining pools: better off big or small?

A new paper shows that smaller Bitcoin mining pools may lead to a more stable ecosystem for the digital currency.

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Video Key Compliance Challenges
13 July 2015

Key Compliance Challenges

What are the biggest compliance challenges banks are facing today?

Article
1 July 2015

BTG Pactual joins industry-led compliance initiative

BTG Pactual, one of Latin America's largest financial services firms, has joined the SWIFT's KYC Registry.

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Paper
30 June 2015

Has the millennial generation lost trust in financial brands?

Massive challenges in terms of approach towards customer acquisition and user experience lie ahead for the financial industry.

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Article Has the millennial generation lost trust in financial brands?
25 June 2015

RMB increasing its popularity for payments with China and Hong Kong

Over 1,000 banks across the world use RMB for payments with China and Hong Kong, exhibiting the growing popularity of the currency.

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Article
24 June 2015

Successful go-live of T2S

SWIFT’s Value-Added Network (VAN) solution for TARGET2-Securities (T2S) enables collaboration across securities markets

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Article
22 June 2015

Growing corporate connectivity

André Casterman, SWIFT’s global head of corporates, shares some of his insights on the growth of corporate-to-bank connectivity.

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Article
22 June 2015

Corporates: innovate or lose out

What are the changes that the industry needs to address together in a rapidly evolving transaction banking space?

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Article Meet the 5 NYers heading to Sibos
19 June 2015

Meet the 5 NYers heading to Sibos

At the fourth regional showcase of the 2015 Innotribe Startup Challenge, held in New York, five startup finalists were selected.

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Interview The end of an era: no more manual processing?
16 June 2015

The end of an era: no more manual processing?

Allianz Global Investors and SWIFT encourage distributors and fund managers to connect using Alliance Lite2, promoting further automation in the funds industry.

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Paper
15 June 2015

150 ISO 20022 missions and counting

With over 150 consulting projects, SWIFT’s Standards Consulting Services team has helped out 70+ clients worldwide with ISO 20022.

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Article
10 June 2015

Watch the securities space

Watch for Securities is a new business intelligence solution for securities market participants to monitor and gain insights from their network traffic.

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Paper
4 June 2015

Mind the gap: Gender in a FinTech world

While FinTech is revolutionising the financial services landscape at breakneck speed, the issue of gender diversity is still lagging behind.

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Article
29 May 2015

The truth about cryptocurrencies

Eager to find out more about and demystify cryptocurrencies? Read all about it in our white paper.

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Article
28 May 2015

KYC Registry extending its reach

KYC Registry will now address compliance challenges for funds distribution and custody services as a first step of entering into the securities space.

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Video Key Compliance Challenges
27 May 2015

The View from Africa

See Lesetja Kganyago, Governor of the South African Reserve Bank interviewed at SWIFT's 2015 African Regional Conference.

Article
4 May 2015

Africa on the rise

Africa is not only the fastest growing region for payments traffic but SWIFT traffic between African countries has also recorded its highest-ever growth rate.

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Paper
21 May 2015

Mutual funds and the benefits of outsourcing

A new white paper has been published by the SWIFT Institute, investigating the benefits of outsourcing by mutual funds in Europe.

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Paper
1 May 2015

New paper on innovation capabilities

The Elastic Innovation Index Report outlines Haydn Shaugnessy’s take on the innovation capabilities needed by organisations to succeed in the 21st century.

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Paper 2015: Challenges for Investment Managers
17 March 2015

2015: Challenges for Investment Managers

New research shows that automation and financial crime compliance are top priorities for the investment management community in 2015.

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Video Key Compliance Challenges
13 March 2015

What is ISO 20022?

Find out more about the ISO 20022 open standard and its adoption around the world.