5 things you should know about ISO 20022 | The Future of Payments in 100 Seconds

NOTE: This video was recorded before SWIFT's and the ECB's decision to postpone ISO 20022 migration. To stay up to date with the latest developments, make sure to check our infographics: https://www.redcompasslabs.com/insights/iso-20022-infographic/ By November 2021, all banks directly connected to EURO 1/STEP 1 and TARGET 2 will have to migrate to ISO 20022. What does this mean for banks, and how should they prepare for the transition? Here are five things banks should do to ensure a successful migration to ISO 20022. To learn more about ISO 20022: https://www.redcompasslabs.com/iso-2022/ 📖 Subscribe to our newsletter and updates for the latest in payments and financial crime news https://www.redcompasslabs.com/subscribe 👍 Give this video a thumbs up if you enjoyed it 👇 Leave a comment below with your thoughts 👉 Read RedCompass Labs Insights https://www.redcompasslabs.com/insights/ 🐦 Follow us on LinkedIn https://www.linkedin.com/company/redcompass/ #iso20022 #100seconds #futureofpayments