Inside Sibos | ISO 20022 & Data | 1 - AI-Ready Payments

🔧📊 ISO 20022 isn't just "new pipes" it's fuel for AI‑ready payments. Coexistence ends Nov '25. The leaders will monetise enriched fields, not just map them....

# Inside Sibos | ISO 20022 & Data week | 1

🔧📊 ISO 20022 isn't just "new pipes" it's fuel for AI‑ready payments.
Coexistence ends Nov '25. The leaders will monetise enriched fields, not just map them.
Why it matters: Richer, structured data ⇒ fewer investigations, cleaner screening, and better client analytics.
* Put purpose codes & LEI to work. Map purpose and Legal Entity Identifier (LEI) into sanctions/fraud features to cut false hits.
* Auto‑reconcile at scale. Use structured remittance to post receivables automatically and lift Straight‑Through Processing (STP = zero manual repairs).
* See your corridors clearly. Build simple corridor dashboards off ISO "pacs/pain" fields (country‑to‑country routes).
* Make quality visible. Track fill‑rates, truncation, and repair counts on ops scorecards weekly, not quarterly.

Topics: ISO 20022, Payments, SWIFT, Compliance, Data Quality