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World banking experts will meet the most promising fintech companies selected during the 2014 Regional Showcases.
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Supercharge your payments business with ISO 20022
The transition to ISO 20022 in payments is now underway. And with it, financial institutions around the world are starting to reap the benefits opened up by ISO 20022’s rich, structured data.
To help you better understand the value it can bring to your business, we asked early adopters to share their insights on strategic opportunities ISO 20022 offers.
On the following pages, learn more about what they said across six detailed use cases illustrating some of the ways that ISO 20022 can help…
Payment Return with ISO 20022 (pacs.004)
Understand the difference between a Payment Rejection and a Payment Return. Understand the structure of the pacs.004.001.09. Be able to interpret and populate a pacs.004, following the CBPR+ Guidelines.Learning objectives:Understand the pacs.004 format Group Header Transaction Information Returned Transaction Elements Return of a serial payment Return of a cover payment
Five essentials for handling international payments
Do you know what your corporate clients expect when they make international payments?