Majority of firms unready for ISO 20022 deadline
The path to ISO 20022 compliance is more challenging and time-consuming than many anticipated.
Article label: Quick Read
Finextra’s Payments Modernization: The Big Survey, conducted in early 2024, includes responses from 350 senior bankers, with a mix of C-level (32%) and senior management executives (68%) from different regions and organizational sizes.
The report emphasizes the need for rapid and effective payment system modernization driven by customer expectations and