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The Role of the Payment Initiation Relay Rulebook in ISO 20022 migration
The transition to ISO 20022 is a game-changer for the payments industry, promising greater efficiency, transparency, and interoperability. But how can financial institutions prepare for this shift? The Rulebook for Payment Initiation Relay is essential to ensuring that institutions can navigate this transition seamlessly.
In this session, we will discuss:
- How the pain.001 format is replacing MT101 and what business impact it has on financial institutions
- The key role the Payment Initiation Relay Rulebook plays in overcoming challenges of the transition and minimising impact on customers
- The steps institutions need to take to ensure they fully understand the impact that ISO 20022 migration has on their business
- How collaboration between financial institutions can drive success in the new payment ecosystem
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Swift at Sibos - On demand
Sibos 2024 in Beijing may be over, but the conversation continues!
You can now watch a selection of sessions on demand and catch up on the latest trends, innovations and initiatives impacting the global Swift community.
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Digital sessions
