Niagara Falls, ON
Payments Canada’s Robyn King takes a deep dive into data-rich payments, what they are and how they will help businesses boost efficiency and innovate services. ISO 20022 is an open global standard for the interchange of financial information. It’s especially valuable for cross-border payments because it creates a common language for financial institutions world-wide. Another big benefit is its ability to facilitate straight-through processing and reconciliation of payments.