Awake-in-3D: ISO20022 QFS Explained, It’s a Messaging Standard, Not a Payment System

ISO20022 QFS Explained: It’s a Messaging Standard – Not a Payment System On June 12, 2023 By Awake-In-3D There is a lot of talk in GCR Land about ISO20022. Most notably, that this Standard is somehow synonymous with the QFS. But is it? In this article, we will explore the key features of ISO20022, its benefits, and how it is being adopted by the financial industry. We will also answer one of the most common questions about ISO20022: Is it an actual QFS payment system? The ISO is the International Standards Organization. It is an independent, non-governmental international organization with a…