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Introduction to ISO 20022


By FPC - March 18, 2020

The purpose of this white paper is to provide clarity and dispel some of the myths surrounding ISO 20022 for payments and to illustrate the benefits and challenges of converting current Nacha formats to ISO 20022 messages for U.S. Network transactions

The paper also offers best practice guidance for interim steps to integrate the current Nacha formats with the ISO 20022 message standard.

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