BSP said it will establish an ISO 20022 Harmonization Industry Project Team to coordinate the industry-wide transition. The Bangko Sentral ng Pilipinas (BSP) has moved to standardise electronic data ...
International Organization for Standardization or ISO is a global organization that sets standards for products, services, and systems. ISO 20022 is its standard for electronic data interchange. The ...
MANILA, Philippines — The Bangko Sentral ng Pilipinas is now requiring all retail payment systems in the country to adopt ISO 20022, a global standard designed to make domestic and cross-border retail ...
Bangko Sentral Security Plant in East Avenue, Quezon City. Photo by Patrick Roque via Wikimedia Commons CC BY-SA 4.0 The Bangko Sentral ng Pilipinas (BSP) has mandated all retail payment systems in ...
Finance ministry and RBI push lenders to complete migration by 22 November to avoid cross-border payment disruptions Indian banks are stepping up efforts to fully implement Swift’s ISO 20022 messaging ...
November 22, 2025 marks a milestone for international finance. On that date SWIFT started two ground breaking initiatives aimed to reshape cross border payments. The first was the completion of the ...
Ant International, HSBC and Swift today have completed a successful Proof of Concept (POC) for the cross-border transfer of tokenised deposits using ISO 20022 standards. The initiative leverages Swift ...