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ISO 20022: AI for Structured Postal Data Transition

SWIFT is providing an open-source AI solution to help financial institutions transition from unstructured to structured postal data for ISO 20022 payment messages. This is a mandatory change required by November 2026 to avoid message rejection and ensure data integrity for AML efforts.

ISO 20022 Becomes Standard for Cross-Border Payments

As of November 22, 2025, ISO 20022 is the mandatory standard for cross-border payments, replacing the MT message format. This change aims to enhance efficiency, data richness, and compliance for financial institutions worldwide, supporting G20 goals for international payments.