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ISO 20022
Preparing you for the future of payments
ISO 20022 brings faster, more transparent transactions. Understand the implications and benefits.
Adopting ISO 20022
The global payments sector is entering a new era. The adoption of ISO 20022 – a global and open messaging language for payments – will bring richer data and more detailed information to the financial services industry.
The move to ISO 20022 is being championed by SWIFT and adopted by major payment market infrastructures for high-value payments systems and cross-border payments across the world. And with ISO 20022 set to dominate high-value payments (supporting approximately 80 per cent of volumes and 90 per cent of transaction values worldwide over the next few years), this shift will have a wider impact across financial services than any other current initiative.
The global HVPS+ taskforce has published a roadmap towards ISO 20022 harmonisation, setting a common standard for payment data. SWIFT’s cross-border payments and reporting (CBPR+) working group has also published usage guidelines for adopting ISO 20022. Nonetheless, implementation will have differing implications for corporates and financial institutions – and we’re here to help with your transition.
Frictionless reconciliation and allocation of cash
Can the adoption of ISO 20022 XML turn this dream into reality?
Download our whitepaper to find out.
Hear from us
In our ISO 20022 Made Simple podcast series, we invite industry experts to dive deep into how this game-changing messaging standard is revolutionising payments, risk management and more. Subscribe wherever you get your podcasts to keep up with our latest episodes.

Enhanced Data = Enhanced Risk Management
The future of financial crime prevention starts with better data. This episode delves into how ISO 20022’s richer data formats and standardised messages can improve compliance, risk management in correspondent banking flows. We cover the benefits which makes the process more effective, as well as sanctions screening, fraud detection and AML checks.
Why migrate to ISO 20022
Useful resources
Whether you’re after technical spec documents or implementation guides, we’ve got you covered.
Our latest thinking
Our perspectives on global trends, in-market nuances and more
Countdown to ISO 20022: What happens as the deadline nears
With the deadline for the ISO 20022 shift approaching, are financial institutions ready as legacy formats give w…
Mastering treasury in Africa’s evolving financial landscape
Discover the dynamics influencing treasury functions in Africa and why businesses that embrace change will be be…
Ways to improve cash forecasting in a period of heightened u…
In this second part, we continue exploring tech-enabled solutions for improving cash forecasting accuracy.
How data sharing can improve cross-border payments
Andrei Charniauski shares insights from a Sibos 2024 panel with Standard Chartered Head of FI Clearing Danielle …
Balancing risk and reward: Deploying AI in the fight against…
AI is turning into an essential tool to combat illegal financial activities. However, with great technological p…
Partnership for scaling the adoption of Sustainable Aviation…
Read how Standard Chartered joined forces with DHL Express to scale the use of Sustainable Aviation Fuel.
Adopting a growth mindset
An interview with Michael Spiegel, Global Head of Transaction Banking at Standard Chartered.