SPA-25C – 4-Hour ISO20022 Briefing

 ISO20022 – All the Payments Data Your Business will Ever Need, all the Time

 

Why are we talking about ISO20022 for merchants and corporates? 

There are a number of myths about ISO20022 that are misleading businesses in the front end of the payments ecosystem (accepting and acquiring payments) as to the importance of this major change in global payments.

Myths About ISO20022

  • It is a bank thing.
    WRONG: Banks are early adopters, but other stakeholders may be the biggest beneficiaries
  • It is another standard.
    WRONG: It is a semi open data framework supporting multiple vertical specific compliance regimes
  • It is a payments thing.
    WRONG: Any transaction based business process beyond payments are potential implementations
  • It is not relevant to retail.
    WRONG: ISO20022 data schemes support POS, acquiring, cross border, e-invoicing, remittances, etc.
  • It is just more compliance.
    WRONG: It can enable solutions in chargebacks, loyalty, contracting, CRM, analytics, reconciliation, liquidity etc.

Aim of this course

This highly interactive 4 hour briefing provides clarity as to what ISO20022 really is from a business perspective, the problems that ISO20022 is supposed to solve, the business case for ISO20022, and where your business goes from here.

The aim of this briefing is to help the attendee make a decision as to whether or not ISO20022 is of interest to the organization, and warrants further investigation.

Learning Outcomes:

By the end of this course delegates will be able to:

  • Identify where ISO20022 may be of value to the attendee’s organization
  • Identify how ISO20022 may address problems of the attendee’s organization
  • Identify the potential business case factors for ISO20022 by the attendee’s organization
  • Identify considerations for decision making by the attendee’s organization

Who Should Attend:

Those responsible for making decisions or advising on product and service offering in their organization. This Briefing is designed for delegates having some familiarity with ISO20022 and interested in learning more as to how this technology might fit within their organization.

Related Courses

This 4-hour ISO20022 briefing is a precursor to our more detailed courses as here:

These courses allow you to A) determine if ISO20022 is of possible value to the organization, and B) enables you to assess how to monetize ISO20022 in your organization.

Delegates who register for the 2-day introductory course as well as the 3-day deep dive course will receive a 10% discount on the combined package (applied at checkout).

Credits

SPA-25C: 4-hour IS020022 Briefing, is brought to you by Secure Payments Academy, in partnership with Technology Strategies International Inc. and VCS Technologies Inc.

For more information about our upcoming schedule, visit the Workshop Schedule.