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ISO 20022 for U.S. banks: strategies, benefits & more

March 10, 2025 marks an important date in the journey toward modernizing legacy payment systems. This article will provide context behind Fedwire’s impending migration and explain what banks stand to gain from ISO 20022 compliance.

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Banker discussing strategy with client

The Profound Impact of ISO 20022: Exploring Payments Modernization in the UK and Beyond

J Luis Melgarejo Frutos

J Luis Melgarejo Frutos, Head of Product, Volante Technologies

Highlighting the importance of ISO 20022 adoption, addressing some common challenges facing participants in the UK payments ecosystem, and identifying the essential elements of a smart modernization strategy.

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