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The Impact of Wire Transfer Conversion on U.S. Financial Institution Support of ISO 20022 Across Payment Rails
Overview
Date
02:15 PM - 03:05 PM (0 hours 50 minutes)
Tuesday, May 07
Track
Payments in Practice
Event
In-person
The U.S. payments industry has a sizable challenge ahead in the adoption of the ISO 20022 standard for wire by 2025. In this session, speakers explain one approach to supporting ISO 20022 internally and for clients as they share perspectives on the uses of ISO 20022 across multiple payment rails. In addition, a leading ISO 20022 expert and solution provider will describe their experience working with financial institutions to migrate corporate channels to ISO 20022 and providing support for market infrastructure integrations. Attendees come away understanding the results of a recent assessment of the industry’s state of readiness for ISO 20022 support for ACH payments.
Speakers:
Christopher Chazin
SVP, Head of Treasury and Trade Products and Services, Commercial Banking
TD Bank, N.A.