Education

The End of the Postcard: ISO 20022 Explained for Non-Techies

1. The "Tower of Babel" Problem Imagine trying to run a global business where the Accounting team speaks French, the Sales team speaks Japanese, and the IT team speaks binary. Chaos, right? For 40 years, that is how global banking worked. * Swift used one language (MT). * Canadian EFTs

Education

The Journey of a $1 Million Wire: From "Send" to "Received"

The "Black Box" Problem You hit "Approve" on a $1 million corporate payment. The screen says "Sent." Thirty minutes later, the CEO emails you: "Has it landed yet?" You check the system. Still "Pending." To the sender, the time in