Tag: ISO 20022
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AusPayNet introduces ISO 20022 for cross-border payments
Streamlining and enhancing cross-border transactions AusPayNet, Australia’s payments industry self-regulatory body, has announced the implementation of the ISO 20022 messaging standard for cross-border payments. This move marks a significant development in the effort to streamline and enhance global payment systems. ISO 20022, a modern and internationally recognized messaging standard, provides a common language…