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BofA US wire product head: ‘ISO 20022 is the hardest topic in payments today’

Held in San Diego, California this year, Nacha’s Smarter Faster Payments conference opened with a session on the substantial amount of investment that has been channeled into ISO 20022 adoption across payments market infrastructures. What remains evident is that the time to reap the rewards from this investment into technology and operational changes is now, but the question of whether there has been a true, immediate return on investment was also raised.

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