Clearly, finance is about data. Data is the connective tissue that brings context, value, and understanding of risks through its continuous, real-time flow. In financial services, as with other experiential industries, data is the pivot on which transformation is happening across all market segments, be they enterprise or consumer.
Emerging global payment standard ISO 20022, put forth by the ISO technical committee responsible for the fields of banking and financial services, aims to create a common language and model for payments data, one that can be applied by any agent in the industry and implemented across any network.
