This whitepaper discusses how ISO 20022 presents both opportunities and risks for corporates. As a major overhaul of the global payments infrastructure, ISO 20022 enhances data richness and standardization, enabling improved automation, transparency, and efficiency in financial operations. However, it also introduces challenges related to compliance, system upgrades, and integration. Corporates must proactively prepare to leverage its benefits while mitigating potential disruptions, making strategic planning and technology alignment essential for success in the evolving payments landscape.

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