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Ainsely Ward
Ainsley Ward

The impact of ISO 20022 on correspondent banks, part 2

2020-11-23 In this blog, we address the second challenge—providing dual support for both legacy MT messages and the new MX messages during the transition to ISO 20022.

Ainsely Ward
Ainsley Ward

The impact of ISO 20022 on correspondent banks, part 1

2020-11-19 With the global migration to ISO 20022, one of the biggest challenges facing correspondent banks is how to handle the migration from legacy MT messages to new ISO 20022 MX messages within cross-border payment markets. What changes will they need...