Inside PPC | Stakeholder & Impact | 1

Inside PPC | Stakeholder & Impact week | 1 Who hurts when purpose is missing? 😬 PPC gaps don't just slow money - they ripple across teams:

Inside PPC | Stakeholder & Impact week | 1
Who hurts when purpose is missing? 😬
PPC gaps don't just slow money - they ripple across teams:
* 📉 Baseline reality: Only ~26% of cross‑border payments go fully STP; ~15% need enrichment; ~14% aren't completed as sent (fees hit).
* ⏱️ Delay tax: ~1-3% of payments trigger enquiries; average fix ~5-10 working days (complex cases stretch longer).
* 💸 Ops P&L: ~$1.6B a year burned on investigations; every failed/repair averages ~$12 in external fees - before internal labor.
* 🧩 Where it bites:Senders: repair queues, angry follow‑ups.
* Receivers: holds/RFIs when "why" is vague.
* Corporates/PSPs: rework, missed SLAs, supplier friction.
Why it matters: Bad purpose data isn't a rounding error - it's a cost center and a CX killer. Fixing the "why" at initiation is the cheapest lever you have.

Topics: ISO 20022, Payments, Data Quality, Purpose Codes