Items include
ISO 20022
Whitepapers
The Federal Reserve Banks are set to adopt the ISO 20022 message format for the Fedwire Funds Service on July 14, 2025. This pivotal transition will mark a significant step towards standardized, efficient, and interoperable financial messaging.
Per tradition, we're looking back on our top articles of the year to BID goodbye to 2025. The Federal Reserve’s shift to ISO 20022 marks progress, but Swift’s November 2025 cutover requires CFIs to prepare now, ensuring compliance, smoother operations, stronger risk management, and improved customer experiences.
CFIs face a fast-approaching deadline for Swift’s ISO 20022 migration this November, requiring preparation and system updates. We outline key steps, training, and communication tips for a smooth transition.
The Federal Reserve’s shift to ISO 20022 marks progress, but Swift’s November 2025 cutover requires CFIs to prepare now, ensuring compliance, smoother operations, stronger risk management, and improved customer experiences.
The July 14 ISO 20022 cutover is nearly here. Core systems may handle much of the technical work but CFIs still have key roles to play — especially when it comes to operations, compliance, and customer support. Here's what to know now.
Swift has been implementing significant changes that are designed to enhance the speed, transparency, and reliability of cross-border payments. These include Swift GPI, ISO 20022, and Swift Go. By embracing these changes, CFIs can enhance their international offerings in a rapidly shifting financial landscape.
The Federal Reserve has extended the ISO® 20022 implementation deadline for the Fedwire® Funds Service to July 14, 2025, giving CFIs more time to prepare. Benefits include enhanced payment efficiency, stronger fraud detection, and improved interoperability. With the deadline approaching, we explore how CFIs can use this extension to refine systems, train staff, and support business customers.