Photo by Lior on Unsplash Standardised Trust community offers a handy ISO 20022 Address Transformer (and why It matters for payments) A practical tool for anyone dealing with structured address formatting in financial messaging It started with a simple need to transform an unstructured address available, according to November 2026 payment initiation and execution requirements,…
Photo by Etienne Martin on Unsplash With bank guarantee texts containing diverse clauses and long text passages, banks and guarantee beneficiaries alike could benefit from standardisation and structured data. This would reduce the instrument’s complexity and reduce unclarities. At minimum, it would reduce time spent on assessing whether a guarantee is aligned with the organisation’s…
(Picture credit to Nik / Unsplash) Global Trade and Trade Finance digitalisation seems to be one of the biggest challenges in the financial services. We all know, it is the only way forward, yet the inertia on the market also pushes back very hard. And it is very understandable as the decades and, in some…