This New ISO Standard Is Quietly Rewiring Global Finance

Most people have never heard of ISO 20022. It is a global standard for how financial institutions send payment information to each other. First introduced in 2004, it aims to replace older messaging formats that banks have used for decades. Older systems relied heavily on free-text fields. That meant payment details often had to be The post This New ISO Standard Is Quietly Rewiring Global Finance appeared first on BeInCrypto.