Isabel Schmidt of BNY Mellon on ISO 20022 Adoption
By Anton Grant · 22 December 2022
In this segment of The Paytech Show, Isabel Schmidt of BNY Mellon explains how the needs of clients around the world have changed and why ISO 20022 plays a big role in fostering the digital economy. For Schmidt, instant payments have become a global expectation, and they were designed to be inherently digital - these payments cannot be functional without the infrastructure that ISO 20022 provides.