The more banks adopt the new change, the more other market players will direct their payments through the banks implementing ISO 20022. #Banks that choose not to migrate to ISO 20022 will not be able to offer the same level of services as the competition and will become incompatible with most other businesses. Hence, it may not reach customers all over the globe and be left behind in the industry, says Amar Sindol, Senior Manager, Delivery, Cigniti Technologies.

Watch this preview video of our blog to learn more about the different aspects and success factors of #ISO2022 migration.

https://bit.ly/3nspwPF

#banking #bankingtechnology