ISO 20022 is an open global standard for financial information. It provides consistent, rich and structured data that can be used for every kind of financial business transaction. The ISO 20022 messaging standard enables more granular data, a higher level of transparency, better analytics, and opens up the potential for automation and real-time payments.
GIFTSOFT products are ISO certified. We are keeping clients ahead of the curve for ISO 20022 compliance across their payment systems (SWIFT, CHIPS, Fedwire). Our products have been optimized with these new messaging standards in mind, helping banks around the world connect, stay compliant, and stay up to date with these evolving banking requirements.