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Questions tagged [previous standard]

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SamuraiCourageous SamuraiCourageous Mon Sep 30 2024 | 5 answers 940

What is ISO 20022 replacing?

Could you please elaborate on what exactly ISO 20022 is replacing in the world of finance and cryptocurrency? Is it an outdated messaging standard, or perhaps a set of protocols that have become inefficient? Understanding the context and significance of ISO 20022's replacement will help us appreciate the innovation and advancements it brings to the industry. Could you provide a brief overview of the predecessor and how ISO 20022 is set to improve upon it?

What is ISO 20022 replacing?

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