ISO 20022: the revolution in financial messaging and the crypto world

SWIFT’s ISO 20022 financial messaging standard is on everyone’s lips by now, and as complicated as it may sound, it is actually very simple. In the world of finance, communicating is very difficult and confusing. One can misunderstand messages or simply get lost in translating them. In a world where a lot of money circulates, the stakes are really high and communication problems often coincide with losing money. This is where the ISO 20022 standard comes in.