FF News Logo
Sunday, June 28, 2026

Ravi Sharma of UL Solutions on the Complexity of Migrating to the ISO 20022 Standard

For The Paytech Show, our guest Ravi Sharma, the Business Manager of UL Solutions, discusses the history of financial messaging in the banking world and what the introduction of the ISO 20022 standard means for instant cross-border transactions. Currently, it takes a couple of days for cross-border funds to be cleared by institutions, for Sharma, this is not representative of instant payments – with the new standard customers can be alerted within 24 hours about where their funds are and guarantee of reconciliation.

People In This Post

Companies In This Post

  1. CLS Appoints Six New Board Directors Read more
  2. Mobey Forum Calls for a Collaborative Approach to Fraud Prevention in Rethinking Fraud in a Connected World Read more
  3. SumUp Launches in Canada Read more
  4. European Fintech Association Elects New Board of Directors Read more
  5. G+D: Navigating the Future of Fintech Agility and Innovation Read more