Insights

ISO 20022: The Untapped Opportunity for Financial Institutions

The migration of Fedwire to the new ISO 20022 standard enables financial institutions to enhance automation, provide value-added services, and increase their competitiveness against fintechs. Here's a summary of the opportunities financial institutions can seize as interest in the benefits of this new standard continues to grow.

We explore:

  • Opportunities to capture new business from corporate clients
  • Customer demand for increased automation
  • How fintechs are level the playing field
  • Financial institutions’ readiness to migrate to ISO 20022
  • Top challenges for adopting the new standard
  • Strategic versus tactical approaches to adoption
  • And more…

Learn more by downloading the full infographic!