The future of payments is ISO 20022: Africa edition report
The changeover from the legacy FIN MT messaging standard to the data-rich ISO MX messaging standard is a positive step forward for all participants in the payments value chain. But it is far from a simple upgrade. Find out how to manage the migration in this latest report
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With the clock ticking on ISO 20022 implementation, financial institutions should start planning their approach now before it’s too late. But the complexity of this migration should not be underestimated as it is far from a simple upgrade of processes.
In this latest report Investec, and Standard Bank discuss the different approaches and deployment models institutions are adopting, and the operational and integration issues in the transition to ISO 20022.
