Scotiabank has made the leap to ISO 20022

Scotiabank is embedding ISO 20022 to improve data quality, streamline reconciliation, speed up cash application, and reduce manual work - making operations more efficient for clients.

The bank is actively involving clients through advisory boards and feedback sessions to shape its ISO 20022 transition roadmap, focusing on solving pain points like reconciliation and operational inefficiencies.

The upgrade also boosts compliance and ensures system interoperability, supporting a seamless and future-ready payment experience.

Get started with ISO 20022